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Who cares
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Sponsors
2 Co-sponsors
History
- Substituted by A10075
- Ordered to third reading cal.1702
- Committee discharged and committed to rules
- 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.
Relates to the hours of operation of video lottery gaming and the annual value of the free play allowance credits
Signed by Governor · Sponsor Phillip Goldfeder
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7833
Title of bill
An act to amend the tax law, in relation to the authorized hours of conducting video lottery gaming and the amount of free play authorized therefor
Purpose or general idea of the bill
The purpose of this bill is to enhance the revenues of video lottery gaming facilities in New York.
Summary of provisions
Section 1: Amends section 1617-a (b) of the tax law to allow video lottery gaming facilities to operate until 6:00 a.m.
Section 2: Amends section 1617-a (f)(3) of the tax law to increase the annual value of free play allowance credits authorized for use by a video lottery gaming facility from ten to fifteen percent of the total amount wagered on video lottery games after payout of prizes.
Section 3: The effective date.
Justification
This bill is needed to provide incentive for individuals to visit the video lottery gaming facilities in order for these facilities to enhance revenues and attendance.
Prior legislative history
This is new legislation.
Fiscal implications for state and local governments
None noted.
Effective date
Immediate.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.