What's happening
This bill expands the radius from 15 to 40 miles for vendor tracks to qualify for a specific tax rate near Native American class III gaming facilities.
Why it matters
Expanding the radius from 15 to 40 miles significantly increases the number of vendor tracks eligible for the preferential 41% tax rate, which could alter the competitive landscape around Native American class III gaming facilities.
Tracks that previously did not qualify for this tax rate may now experience increased financial viability, possibly affecting local economies, jobs, and the sustainability of those businesses.
The change could impact revenue distribution between state, local governments, and Native American gaming operations, potentially shifting tax income and influencing negotiations or relationships with tribal nations.
By lowering the effective tax burden for more tracks, the bill may incentivize further investment in these facilities or encourage the development of new vendor tracks within the expanded radius.
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Who cares
Headline styles
Expand Vendor Track Radius
Plain English, a few words. Used as the page title.
Sponsors
2 Multi-sponsors
History
- Print number 1931b
- Amend and recommit to ways and means
- Referred to ways and means
- Print number 1931a
- Amend and recommit to ways and means
- Referred to ways and means
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.
Expand Vendor Track Radius
In Senate Committee · Rules · Sponsor Patrick M. Gallivan
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
1931--B
2017-2018 Regular Sessions
IN ASSEMBLY
January 17, 2017
Introduced by M. of A. PEOPLES-STOKES, HAWLEY, MONTESANO, GARBARINO, RAIA -- Multi-Sponsored by -- M. of A. ERRIGO, PALMESANO -- read once and referred to the Committee on Ways and Means -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- recommitted to the Committee on Ways and Means in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee
AN ACT to amend the tax law, in relation to vendor fees at certain vendor tracks
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Clause (D) of subparagraph (ii) of paragraph 1 of subdivision b of section 1612 of the tax law, as amended by chapter 174 of the laws of 2013, is amended to read as follows:
(D) notwithstanding clauses (A), (B) and (C) of this subparagraph, when the vendor track is located within [fifteen] forty miles of a Native American class III gaming facility at a rate of forty-one percent of the total revenue wagered at the vendor track after payout for prizes pursuant to this chapter;
§ 2. This act shall take effect on the first of April next succeeding the date on which it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01329-05-8
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.