May

BILL NO    A06332 

SAME AS    SAME AS S04370

SPONSOR    Woerner

COSPNSR    

MLTSPNSR   

Amd S527, RWB L

Relates to extending the disposition of off-track pools state tax to Saratoga
county.

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A06332 Actions:

BILL NO    A06332 

03/20/2015 referred to racing and wagering
04/29/2015 reported referred to ways and means
05/19/2015 reported 
05/21/2015 advanced to third reading cal.428
05/28/2015 substituted by s4370
           S04370  AMEND=  MARCHIONE
           03/17/2015 REFERRED TO RACING, GAMING AND WAGERING
           04/28/2015 1ST REPORT CAL.441
           04/29/2015 2ND REPORT CAL.
           05/04/2015 ADVANCED TO THIRD READING 
           05/19/2015 PASSED SENATE
           05/19/2015 DELIVERED TO ASSEMBLY
           05/19/2015 referred to ways and means
           05/28/2015 substituted for a6332
           05/28/2015 ordered to third reading cal.428
           05/28/2015 passed assembly
           05/28/2015 returned to senate

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A06332 Votes:

There are no votes for this bill in this legislative session.

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A06332 Memo:

BILL NUMBER:A6332

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.