A06332 Summary:

BILL NOA06332
 
SAME ASSAME AS S04370
 
SPONSORWoerner
 
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 NOA06332
 
03/20/2015referred to racing and wagering
04/29/2015reported referred to ways and means
05/19/2015reported
05/21/2015advanced to third reading cal.428
05/28/2015substituted by s4370
 S04370 AMEND= MARCHIONE
 03/17/2015REFERRED TO RACING, GAMING AND WAGERING
 04/28/20151ST REPORT CAL.441
 04/29/20152ND REPORT CAL.
 05/04/2015ADVANCED TO THIRD READING
 05/19/2015PASSED SENATE
 05/19/2015DELIVERED TO ASSEMBLY
 05/19/2015referred to ways and means
 05/28/2015substituted for a6332
 05/28/2015ordered to third reading cal.428
 05/28/2015passed assembly
 05/28/2015returned to senate
 09/15/2015DELIVERED TO GOVERNOR
 09/25/2015SIGNED CHAP.300
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A06332 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A6332
 
SPONSOR: Woerner
  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 gener- ally 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 disposi- tion.   LEGISLATIVE HISTORY: This is a new bill.   FISCAL IMPLICATIONS: None.   EFFECTIVE DATE: Immediately.
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A06332 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          6332
 
                               2015-2016 Regular Sessions
 
                   IN ASSEMBLY
 
                                     March 20, 2015
                                       ___________
 
        Introduced  by M. of A. WOERNER -- read once and referred to the Commit-
          tee on Racing and Wagering
 
        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
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  The  opening paragraph of subdivision 1 of section 527 of
     2  the racing, pari-mutuel wagering and breeding law, as amended by chapter
     3  18 of the laws of 2008, is amended to read as follows:
     4    The disposition of the retained commission from pools  resulting  from
     5  regular,  multiple or exotic bets, as the case may be, whether placed on
     6  races run within a region or  outside  a  region,  conducted  by  racing
     7  corporations, harness racing associations or corporations, quarter horse
     8  racing associations or corporations or races run outside the state shall
     9  be governed by the tables in paragraphs a and b of this subdivision. The
    10  rate  denominated  "state  tax" shall represent the rate of a reasonable
    11  tax imposed upon the retained commission for the privilege of conducting
    12  off-track pari-mutuel betting, which tax is hereby levied and  shall  be
    13  payable  in the manner set forth in this section. Each off-track betting
    14  corporation shall pay to the racing and wagering board as  a  regulatory
    15  fee,  which fee is hereby levied, fifty hundredths of one percent of the
    16  total daily pools of such corporation. Each corporation shall  also  pay
    17  twenty  per  centum of the breaks derived from bets on harness races and
    18  fifty per centum of the breaks derived from bets on all other  races  to
    19  the  agriculture  and New York State horse breeding and development fund
    20  and to the thoroughbred breeding and development fund, the total of such
    21  payments to be apportioned fifty per centum to each such fund.  For  the
    22  purposes  of  this  section, the New York city, Suffolk, Nassau, and the
    23  Catskill regions shall constitute a single region and  any  thoroughbred
    24  track  located  within the Capital District region shall be deemed to be
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09551-02-5

        A. 6332                             2
 
     1  within such single region. A "regional meeting" shall  refer  to  either
     2  harness  or  thoroughbred  meetings,  or  both, except that a franchised
     3  corporation shall not be a regional track for the purpose  of  receiving
     4  distributions  from  bets on thoroughbred races conducted by a thorough-
     5  bred track in the Catskill region conducting a mixed meeting.  With  the
     6  exception  of a harness racing association or corporation first licensed
     7  to conduct pari-mutuel wagering at a track located in Tioga or  Saratoga
     8  county after January first, two thousand five, racing corporations first
     9  licensed  to  conduct  pari-mutuel  racing after January first, nineteen
    10  hundred eighty-six or a harness racing association or corporation  first
    11  licensed  to  conduct pari-mutuel wagering at a track located in Genesee
    12  County after January first, two thousand five, and quarter horse  tracks
    13  shall  not be "regional tracks"; if there is more than one harness track
    14  within a region, such tracks shall evenly divide payments made  pursuant
    15  to  the  tables  in  paragraphs a and b of this subdivision when neither
    16  track is running. In the event a track elects  to  reduce  its  retained
    17  percentage from any or all of its pari-mutuel pools, the payments to the
    18  track  holding  the race and the regional track required by paragraphs a
    19  and b of this  subdivision  shall  be  reduced  in  proportion  to  such
    20  reduction.  Nothing  in this section shall be construed to authorize the
    21  conduct of off-track betting contrary to the provisions of section  five
    22  hundred twenty-three of this article.
    23    § 2. This act shall take effect immediately.
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