Sunday, May 24, 2015

Please send OTB related bills tonassau OTB employees





 

S05421 Summary:

BILL NO    S05421 

SAME AS    SAME AS A07441

SPONSOR    AMEDORE

COSPNSR    

MLTSPNSR   



Relates to capital acquisition funds maintained by regional off-track betting
corporations.
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S05421 Actions:

BILL NO    S05421 

05/14/2015 REFERRED TO RACING, GAMING AND WAGERING
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S05421 Votes:

There are no votes for this bill in this legislative session.
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S05421 Memo:

Memo not available
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S05421 Text:

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________

         
Suffolk count legislator Kevin mccaffrey does not inform 
Nassau otb employees of much of anything


What's reunions for?








                                5421

                              2015-2016 Regular Sessions

                                   I N  S E N A T E

                                     May 14, 2015
                                      ___________

       Introduced  by  Sen. AMEDORE -- read twice and ordered printed, and when
         printed to be committed to the Committee on Racing, Gaming and  Wager-
         ing

       AN  ACT  relating  to  capital  acquisition funds maintained by regional
         off-track betting corporations

         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:

    1    Section 1. Notwithstanding any other provision of law or regulation to
    2  the  contrary,  all  funds  in  a  capital acquisition fund, established
    3  pursuant to section 509-a of the racing, pari-mutuel wagering and breed-
    4  ing law shall be available at one time per annum to a regional off-track
    5  betting corporation for any corporate purpose;  provided  however,  that
    6  such  amount  for  any  corporate  purpose shall not exceed five hundred
    7  thousand dollars, and further provided, that at  least  ten  percent  of
    8  such amount shall be distributed in the same manner as subparagraph b of
    9  subdivision  2  of  section  516 of the racing, pari-mutuel wagering and
   10  breeding law.
   11    S 2. This act shall take effect immediately.





        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD10960-01-5


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