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S02473 Summary:

BILL NOS02473A
 
SAME ASSAME AS A04220-A
 
SPONSORLAVALLE
 
COSPNSRADDABBO, SEPULVEDA, TEDISCO
 
MLTSPNSR
 
Add 95-i, St Fin L; amd 330, RWB L; add 381, Ag & Mkts L
 
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.
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S02473 Actions:

BILL NOS02473A
 
01/13/2017REFERRED TO FINANCE
01/03/2018REFERRED TO FINANCE
02/09/2018AMEND AND RECOMMIT TO FINANCE
02/09/2018PRINT NUMBER 2473A
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S02473 Text:



 
                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.
                                                                   LBD03145-02-8

        S. 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.
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