 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          7240
 
                               2017-2018 Regular Sessions
 
                   IN ASSEMBLY
 
                                     April 12, 2017
                                       ___________
 
        Introduced  by M. of A. GUNTHER -- read once and referred to the Commit-
          tee on Ways and Means
 
        AN ACT to amend the tax law, in relation to vendor fees at vendor tracks
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1. Clause (F) of subparagraph (ii) of paragraph 1 of subdivi-
     2  sion b of section 1612 of the tax law, as amended by section 1  of  part
     3  EE of chapter 60 of the laws of 2016, is amended to read as follows:
     4    (F) notwithstanding clauses (A), (B), (C), (D) and (E) of this subpar-
     5  agraph,  when  a  vendor track, is located in Sullivan county and within
     6  sixty miles from any gaming facility in a contiguous state  such  vendor
     7  fee  shall, for a period of [nine] ten years commencing April first, two
     8  thousand eight, be at a rate of forty-one percent of the  total  revenue
     9  wagered  at  the  vendor  track after payout for prizes pursuant to this
    10  chapter, after which time such rate shall be as for all tracks in clause
    11  (C) of this subparagraph.
    12    § 2. This act shall take effect immediately and  shall  be  deemed  to
    13  have been in full force and effect on and after April 1, 2017.
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10919-01-7
Relates to vendor fees at vendor tracks

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