S02473 Summary:
BILL NO | S02473A |
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SAME AS | SAME AS A04220-A |
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SPONSOR | LAVALLE |
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COSPNSR | ADDABBO, ALCANTARA, AVELLA, SEPULVEDA, TEDISCO |
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MLTSPNSR | |
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Add §95-i, St Fin L; amd §330, RWB L; add §381, Ag & Mkts L | |
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Creates the responsible retirement of racehorses fund; establishes a horse registration fee; provides such funds be expended to support responsible retirement of racehorses in this state. |
S02473 Actions:
BILL NO | S02473A | |||||||||||||||||||||||||||||||||||||||||||||||||
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01/13/2017 | REFERRED TO FINANCE | |||||||||||||||||||||||||||||||||||||||||||||||||
01/03/2018 | REFERRED TO FINANCE | |||||||||||||||||||||||||||||||||||||||||||||||||
02/09/2018 | AMEND AND RECOMMIT TO FINANCE | |||||||||||||||||||||||||||||||||||||||||||||||||
02/09/2018 | PRINT NUMBER 2473A |
S02473 Text:
Go to top STATE OF NEW YORK ________________________________________________________________________ 2473--A 2017-2018 Regular Sessions IN SENATE January 13, 2017 ___________ Introduced by Sens. LAVALLE, ADDABBO, TEDISCO -- read twice and ordered printed, and when printed to be committed to the Committee on Finance -- recommitted to the Committee on Finance in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the state finance law, in relation to the creation of the responsible retirement of racehorses fund; to amend the racing, pari-mutuel wagering and breeding law, in relation to a horse regis- tration fee; and to amend the agriculture and markets law, in relation to the responsible retirement of racehorses The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The state finance law is amended by adding a new section 2 95-i to read as follows: 3 § 95-i. Responsible retirement of racehorses fund. 1. There is hereby 4 established in the sole custody of the commissioner of taxation and 5 finance a special fund to be known as the "responsible retirement of 6 racehorses fund". Monies in the fund shall be kept separate from and not 7 commingled with other funds held in the sole custody of the commissioner 8 of taxation and finance. 9 2. (a) Such fund shall consist of all revenues received by the depart- 10 ment of taxation and finance pursuant to paragraph (b) of this subdivi- 11 sion and all other money appropriated, credited, or transferred thereto 12 from any other fund or source pursuant to law. Nothing contained herein 13 shall prevent the state from receiving grants, gifts or bequests for the 14 purposes of the fund as defined in this section and depositing them into 15 the fund according to law. 16 (b) The sources of the "responsible retirement of racehorses fund" 17 shall be as follows: 18 (i) one-half of one percent of the commissions from video lottery 19 gaming revenue from New York's tracks and Resorts World Casino New York EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD03145-02-8S. 2473--A 2 1 City and any video lottery gaming added after this section shall have 2 become a law; 3 (ii) one-half of one percent of all purses at the New York state 4 tracks; 5 (iii) five percent of the New York state thoroughbred breeding and 6 development fund annual revenue; and 7 (iv) ten percent of fees generated by the agriculture and New York 8 state horse breeding development fund pursuant to section three hundred 9 thirty of the racing, pari-mutuel wagering and breeding law. 10 3. The moneys in said account shall be retained by the fund and shall 11 be payable from the fund by the commissioner of taxation and finance on 12 vouchers certified or approved by the commissioner of agriculture and 13 markets or his or her designee and only for the purposes set forth in 14 this section. 15 4. The moneys in such fund shall be expended for the purpose of 16 supporting responsible horse retirement of thoroughbreds and standard- 17 breds in New York state. Eligible horse retirement and rescue programs 18 are those approved by the commissioner of agriculture and markets. 19 § 2. Section 330 of the racing, pari-mutuel wagering and breeding law 20 is amended by adding a new subdivision 6 to read as follows: 21 6. The fund is directed to establish a horse registration fee for each 22 horse registered pursuant to this chapter, with the proceeds of such fee 23 to be credited to the fund. 24 § 3. The agriculture and markets law is amended by adding a new 25 section 381 to read as follows: 26 § 381. Responsible retirement of racehorses. 1. The commissioner 27 shall compile a list of approved horse retirement and rescue programs 28 eligible to receive funding from the responsible retirement of racehors- 29 es fund established pursuant to section ninety-five-i of the state 30 finance law. The eligibility of a rescue program shall be determined 31 based upon the economic sustainability of the rescue, the rescue's long 32 term stability, the rescue's demonstration of an ongoing commitment to 33 the proper care of horses, and such other factors as the commissioner 34 shall deem appropriate after consultation with the farm bureau, horse 35 breeder associations and societies for the prevention of cruelty to 36 animals and humane societies. All approved rescues must be non-profit 37 organizations which are tax-exempt pursuant to the provisions of section 38 501(c)(3) of the Internal Revenue Code. 39 2. For purposes of this section the term racehorse shall include a 40 horse whose racing career has concluded or a horse that was bred to race 41 but has never competed in a race. 42 § 4. This act shall take effect on the one hundred twentieth day after 43 it shall have become a law.