Extends the Catskill region to include the five counties comprising the city of New York; repealer

5 Co-sponsors

• Tony Avella
• Martin Malavé Dilan
• Ruth Hassell-Thompson
• Bill Perkins
• Malcolm A. Smith

BILL NUMBER:S5705B

Title of bill

An act to amend the racing, pari-mutuel wagering and breeding law, in relation to extending the Catskill region to include the five counties comprising the city of New York; and to repeal subdivision 7 of section 532 of the racing, pari-mutuel wagering and breeding law relating to disposition of revenues

Purpose or general idea of bill

The purpose of this bill is to include Richmond, Queens, Kings, Bronx, and New York counties in the Catskill region.

Summary of specific provisions

Section 1 amends subdivision 1 of § 519 of the racing, pari-mutuel wagering and breeding law to include Richmond, Queens, Kings, Bronx, and New York counties in the Catskill region.

Section 2 amends article V of the racing, pari-mutuel wagering and breeding law by adding a new § 517-A to require the site selection beard to have jurisdiction over all Catskill off-track betting corporation's site development in New York City.

Amends article V of the racing, pari-mutuel wagering and breeding law by adding a new section 517-B to recognize the collective bargaining representatives of the employees of the New York City off-track betting corporation as of December. 6, 2010 and abide by agreements negotiated between such representatives, and Catskill off-track betting corporation.

Amends article 5 of the racing, pari-mutuel wagering and breeding law by adding a new section 517-C to require Catskill off-track betting corporation to provide a business plan to the NYS Racing and Wagering Board, for approval, prior to any implementation of the business plan.

Section 3 repeals section 532 subdivision 7.

Section 4 requires any payments that the Catskill off-track betting corporation would otherwise pay to the counties of Richmond, Queens, Kings, Bronx, and New York will be payable to the general fund of the City of New York.

Section 5 provides for the limitation on the use of the capital acquisition fund for corporate purposes as well as the ability to impose the supplemental 1% surcharge established by § 532 (3-a) of the racing, pari-mutuel wagering and breeding law.

Section 6 provides for the effective date.

Effects of present law which this bill would alter

Article 5 provides for the provisions that govern regional off-track betting corporations.

Justification

As the only profitable off-track betting corporation in the country, the Catskill region corporation sees this as an opportunity to increase revenue for both the corporation and the state.

Prior legislative history

This is new legislation.

Fiscal implications for state and local governments

Undetermined.

Effective date

This act shall take effect immediately.