A06124 Summary:
BILL NO A06124A SAME AS No same as SPONSOR Pretlow COSPNSR McDonald MLTSPNSR Rpld S1017 sub 2, amd S1016, RWB L Relates to percent of wagers made at off-track betting facilities conducted by in-state thoroughbred racing corporations and repeals certain provisions of such law relating thereto.Go to top
A06124 Actions:
BILL NO A06124A 03/16/2015 referred to racing and wagering 03/24/2015 amend and recommit to racing and wagering 03/24/2015 print number 6124aGo to top
A06124 Votes:
There are no votes for this bill in this legislative session.Go to top
A06124 Memo:
BILL NUMBER:A6124A
TITLE OF BILL: An act to amend the racing, pari-mutuel wagering and
breeding law, in relation to percent of wagers made at off-track
betting facilities conducted by in-state thoroughbred racing
corporations; and repealing certain provisions of such law relating
thereto
PURPOSE: To provide statutory relief for Off-Track Betting
Corporations, ensuring payments are going to localities and
municipalities for which these public benefit corporations were
designed to provide.
SUMMARY OF PROVISIONS: Section 1. Subdivision 2 of section 1017 of the
racing, pari-mutuel wagering and breeding law is REPEALED.
Section 2. Clause (E) of subparagraph 5 and clause (G) of subparagraph
6 of paragraph b of subdivision 1 of section 1016 of the racing,
pari-mutuel wagering and breeding law, as amended by chapter 18 of the
laws of 2008
Section 3. This act shall take effect immediately
JUSTIFICATION: While the State has provided relief to the thoroughbred
and harness tracks in the authorization of Video Lottery Terminals,
the amounts required to be paid from the Off-Track Betting
Corporations to the harness and thoroughbred tracks have continued at
rates last re-adjusted in 2003. Off-Track Betting Corporations
("OTBs"), meanwhile continue to pay outdated rates to privately owned
casinos, to the economic detriment of their participating local
governments.
Going forward, failure to provide this needed fiscal relief to the
Off-Track Betting Corporations and participating localities would be
catastrophic to both those localities and the horse racing and
breeding industries in the state.
LEGISLATIVE HISTORY: New Bill
FISCAL IMPLICATIONS: None
EFFECTIVE DATE: This act shall take effect immediately.
Go to topA06124 Text:
S T A T E O F N E W Y O R K
________________________________________________________________________
6124--A
2015-2016 Regular Sessions
I N A S S E M B L Y
March 16, 2015
___________
Introduced by M. of A. PRETLOW -- read once and referred to the Commit-
tee on Racing and Wagering -- committee discharged, bill amended,
ordered reprinted as amended and recommitted to said committee
AN ACT to amend the racing, pari-mutuel wagering and breeding law, in
relation to percent of wagers made at off-track betting facilities
conducted by in-state thoroughbred racing corporations; and repealing
certain provisions of such law relating thereto
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Subdivision 2 of section 1017 of the racing, pari-mutuel
2 wagering and breeding law is REPEALED.
3 S 2. Clause (E) of subparagraph 5 and clause (G) of subparagraph 6 of
4 paragraph b of subdivision 1 of section 1016 of the racing, pari-mutuel
5 wagering and breeding law, as amended by chapter 18 of the laws of 2008,
6 are amended to read as follows:
7 (E) On days when a franchised corporation is not conducting a race
8 meeting and when a licensed harness track is neither accepting wagers
9 nor displaying the signal from an in-state thoroughbred corporation or
10 association or an out-of-state thoroughbred track:
11 (i) Such licensed regional harness track shall receive in lieu of any
12 other payments on wagers placed at off-track betting facilities outside
13 the special betting district on races conducted by an in-state thorough-
14 bred racing corporation, [two and eight-tenths] ONE AND FOUR-TENTHS
15 percent on regular and multiple bets during a regional meeting and [one
16 and nine-tenths] NINETY-FIVE HUNDREDTHS percent of such bets if there is
17 no regional meeting and [four and eight-tenths] TWO AND FOUR-TENTHS
18 percent on exotic bets on days on which there is a regional meeting and
19 [three and four-tenths] ONE AND SEVEN-TENTHS percent of such bets if
20 there is no regional meeting.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD09871-02-5
A. 6124--A 2
1 (ii) Such licensed regional harness track shall receive [one and one-
2 half] SEVENTY-FIVE HUNDREDTHS per centum on total regional handle on
3 races conducted at out-of-state or out-of-country thoroughbred tracks.
4 (iii) In those regions in which there is more than one licensed
5 regional harness track, if no track is accepting wagers or displaying
6 the live simulcast signal from the out-of-state track, the total sum
7 shall be divided among the tracks in proportion to the ratio the wagers
8 placed on races conducted by each track bears to the corporation's total
9 in-region harness handle. If one or more tracks are accepting wagers or
10 displaying the live simulcast signal, the total amount shall be divided
11 among those tracks not accepting wagers or displaying the simulcast
12 signal for an out-of-state track or in-state thoroughbred corporation or
13 association.
14 (G) Of the sums retained by a licensed harness facility, [fifty] ONE
15 HUNDRED percent shall be used exclusively for purses awarded in races
16 conducted by such licensed facility [and the remaining fifty percent
17 shall be retained by such licensed facility for its general purposes,
18 provided, however, that in a harness special betting district the
19 portion of the sums retained by a licensed harness facility to be used
20 for purses or the methodology for calculating the amount to be used for
21 purses may be specified in a written contract between a harness racing
22 association or corporation and its representative horsemen's associ-
23 ation].
24 S 3. This act shall take effect immediately.
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