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S02473 Summary:

BILL NOS02473
 
SAME ASSAME AS A04220
 
SPONSORLAVALLE
 
COSPNSRADDABBO, TEDISCO
 
MLTSPNSR
 
Add 95-i, St Fin L; amd 330, RWB L; add 380, 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 NOS02473
 
01/13/2017REFERRED TO FINANCE
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S02473 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          2473
 
                               2017-2018 Regular Sessions
 
                    IN SENATE
 
                                    January 13, 2017
                                       ___________
 
        Introduced  by  Sen. LAVALLE -- read twice and ordered printed, and when
          printed to be committed to the Committee on Finance
 
        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
    20  City  and  any  video lottery gaming added after this section shall have
    21  become a law;
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03145-01-7

        S. 2473                             2
 
     1    (ii) one-half of one percent of all  purses  at  the  New  York  state
     2  tracks;
     3    (iii)  five  percent  of  the New York state thoroughbred breeding and
     4  development fund annual revenue; and
     5    (iv) ten percent of fees generated by the  agriculture  and  New  York
     6  state  horse breeding development fund pursuant to section three hundred
     7  thirty of the racing, pari-mutuel wagering and breeding law.
     8    3. The moneys in said account shall be retained by the fund and  shall
     9  be  payable from the fund by the commissioner of taxation and finance on
    10  vouchers certified or approved by the commissioner  of  agriculture  and
    11  markets  or  his  or her designee and only for the purposes set forth in
    12  this section.
    13    4. The moneys in such fund  shall  be  expended  for  the  purpose  of
    14  supporting  responsible  horse retirement of thoroughbreds and standard-
    15  breds in New York state.  Eligible horse retirement and rescue  programs
    16  are those approved by the commissioner of agriculture and markets.
    17    §  2. Section 330 of the racing, pari-mutuel wagering and breeding law
    18  is amended by adding a new subdivision 6 to read as follows:
    19    6. The fund is directed to establish a horse registration fee for each
    20  horse registered pursuant to this chapter, with the proceeds of such fee
    21  to be credited to the fund.
    22    § 3.   The agriculture and markets law is  amended  by  adding  a  new
    23  section 380 to read as follows:
    24    §  380.  Responsible  retirement of racehorses.   1.  The commissioner
    25  shall compile a list of approved horse retirement  and  rescue  programs
    26  eligible to receive funding from the responsible retirement of racehors-
    27  es  fund  established  pursuant  to  section  ninety-five-i of the state
    28  finance law. The eligibility of a rescue  program  shall  be  determined
    29  based  upon the economic sustainability of the rescue, the rescue's long
    30  term stability, the rescue's demonstration of an ongoing  commitment  to
    31  the  proper  care  of horses, and such other factors as the commissioner
    32  shall deem appropriate after consultation with the  farm  bureau,  horse
    33  breeder  associations  and  societies  for  the prevention of cruelty to
    34  animals and humane societies.  All approved rescues must  be  non-profit
    35  organizations which are tax-exempt pursuant to the provisions of section
    36  501(c)(3) of the Internal Revenue Code.
    37    2.  For  purposes  of  this section the term racehorse shall include a
    38  horse whose racing career has concluded or a horse that was bred to race
    39  but has never competed in a race.
    40    § 4. This act shall take effect on the one hundred twentieth day after
    41  it shall have become a law.
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