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Sponsors
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History
- Referred to racing, gaming and wagering
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Authorizes off-track betting corporations to host video lottery terminals
In Assembly Committee · Racing And Wagering · Sponsor Steven Englebright
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S6792
Title of bill
An act to amend the racing, pari-mutuel wagering and breeding law and the tax law, in relation to allowing off-track betting corporations in the state to host video lottery terminals
Purpose
To allow regional off-track betting corporations to operate video lottery gaming terminals in regions where no participating county contains either a thoroughbred or standardbred racetrack licensed to operate by the racing and wagering board.
Summary of provisions
This bill amends Section 503 of the racing, pari-mutuel wagering and breeding law and adds subdivision 10-a; amends subparagraph (ii; of paragraph 1 of subdivision b of section 1612 of the tax law, as amended by section 6 of part k of chapter 57 of the laws of 2010, clause (:) as added by section 1 of part 0 of chapter 61 of the laws of 2011; amends subparagraph (iii) of paragraph 1 and the opening paragraph of paragraph 2 of subdivision b of section 1612 of the tax law, as amended by section 1 of part 0-1 of chapter 57 of the laws of 2009; amends subdivision a of section 1617-1 of the tax law, as amended by section 2 of part 0-1 of chapter 57 of the laws of 2009.
Justification
The current law regarding video lottery terminals in New York State only allows them in regions of the state that have either a thoroughbred or standardbred racetrack. This bill would allow parity among the counties of the state by allowing a regional off-track betting corporation to operate video lottery gaming terminals in regions that do not contain either a thoroughbred or standardbred racetrack.
Legislative history
New bill.
Fiscal implications
No cost to the state. However, it is estimated that this act would generate millions of dollars in revenue for participating counties and to the state.
Effective date
This act shall take effect on the first of January next succeeding the date on which it shall have become a law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.