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Sponsors
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History
- Signed chap.300
- Delivered to governor
- Returned to senate
- Passed assembly
- Ordered to third reading cal.428
- Substituted for A6332
- Referred to ways and means
- Delivered to assembly
- Passed senateVote 62–0
- Advanced to third reading
- 2nd report cal.
- 1st report cal.441
Show 1 earlier action
- 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 extending the disposition of off-track pools state tax to Saratoga county
Assembly Floor Calendar · Sponsor Carrie Woerner
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S4370
Title of bill
An act to amend the racing, pari-mutuel wagering and breeding law, in relation to extending the disposition of off-track pools state tax to Saratoga county
Purpose
To allow Saratoga Harness Racing, Inc. to maintain its status as the regional track in the Capital Off-Track Betting region after the reorganization of its corporate structure.
Summary of provisions
Section 1 amends subdivision 1 of section 527 of the racing, pari-mutuel wagering and breeding law. It adds Saratoga County to the exception, already granted to Tioga County, which allows "regional payments" to be paid to racetracks first licensed after January 1, 1986.
Section 2 states the effective date.
Justification
Saratoga Harness Racing, Inc. (SHRI) has been the regional track in the Capital OTB region since the inception of off-track betting. SHRI is reorganizing its corporate structure. Current law provides that "racing corporations first licensed to conduct pari-mutuel racing after January first, nineteen hundred eighty-six" are not considered to be regional tracks in that "regional payments" are generally not required to be paid. By restructuring SHRI into a new corporate entity, SHRI would fall under this provision and lose its regional track payments. By adding Saratoga County to the exception that was provided for Tioga County, SHRI will remain a regional track and the disposition of off-track pools will continue identically to their current disposition.
Legislative history
This is a new bill.
Fiscal implications
None.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.