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S6236Senate2013-2014 SessionSame asA8510

Authorizes the payments of rebates on pari-mutuel wagers

Sponsor Jeffrey D. KleinSD-34Affects Economy
Status
Signed by Governor
Impact
Pending
Outcome
Signed into law

Bill progress

Signed into law

What's happening

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Who cares

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Sponsors

Primary sponsor
Jeffrey D. Klein

Senator · Senate District 34

No co-sponsors yet.

History

  1. Signed chap.11
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Ordered to third reading cal.426
  6. Substituted for A8510
  7. Referred to racing and wagering
  8. Delivered to assembly
  9. Passed senateVote 47–12
  10. Ordered to third reading cal.8
  11. Committee discharged and committed to rules
  12. 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.

A8510Assembly

Authorizes the payments of rebates on pari-mutuel wagers

Assembly Floor Calendar · Sponsor J. Gary Pretlow

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:S6236

Title of bill

An act to amend the racing, pari-mutuel wagering and breeding law, in relation to authorizing the payment of rebates on pari-mutuel wagers

Purpose

This bill is a chapter amendment to Chapter 472 of the Laws of 2013 which clearly authorized in law the ability of host racetracks, simulcast racetracks, and regional off-track betting corporations (OTBS) (regulated entities) to offer long term rebate and fan appreciation benefits to those racing fans who attend race meets, preferred customers and to volume bettors.

With the advice of the New York State Gaming Commission (Commission), this bill makes very technical changes to Chapter 472 which establishes a statutory framework to authorize the approval of such long term rebate programs and establish guidelines for the approval of such rebate programs by the Commission.

Summary of provisions

Section 1: Revises Racing & Wagering Law section 109-b to make technical changes so as to more accurately reference in the law those racing and other pari-mutual entities that can operate such rebates or fan appreciation programs.

Existing law

Chapter 472 of the Laws of 2013 was signed into law on November 13, 2013, and goes into effect 180 days after such date. These technical changes will go into effect on the same date as Chapter 472 of the Laws of 2013.

Justification

These suggested changes were made upon the advice of the Governor's Office and the NYS Gaming Commission.

Legislative history

A Chapter amendment to Chapter 472 of the Laws of 2013.

Fiscal implications

None.

Effective date

The same date as Chapter 472 of the Laws of 2013, which is 180 days after it was signed into law on November 13, 2013.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.