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Full text
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Sponsor's memo
BILL NUMBER:A8824
Title of bill
An act to amend the state finance law, in relation to the video lottery gaming facilities aid formula
Purpose or general idea of bill
This bill repeals the changes made to the Video Lottery Terminal (VLT) aid formula in the 2009-10 enacted budget.
Summary of specific provisions
This bill repeals language which altered the formula by which Video Lottery Terminal (VLT) aid is distributed to municipalities in the State. Chapter 56 of the Laws of 2009 (A.156-B), the Public Protection and General Government Article VII, bill modified the basis for municipalities that host VLTs to receive aid. As modified, the funding allocations became dependent on population and the poverty rates of each county. This legislation repeals that language and restores the original formula by which VLT aid was distributed.
Justification
The changes made in the VLT formula in last year's Enacted Budget unfairly cut or outright eliminated reimbursement for certain municipalities based upon an arbitrary poverty scale. Saratoga County, because of the formula change, lost over $4 million dollars. This bill would eliminate the aforementioned language and restore the previous, equitable, means for the distribution of VLT monies.
Prior legislative history
New Bill
Fiscal implications
To be determined
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.