Provides that the gaming commission may, at its discretion, authorize an increase to the free play limitation for individual video lottery facilities upon illustration of benefit to the state.
STATE OF NEW YORK
________________________________________________________________________
3589
2023-2024 Regular Sessions
IN SENATE
February 1, 2023
___________
Introduced by Sen. HELMING -- read twice and ordered printed, and when
printed to be committed to the Committee on Racing, Gaming and Wager-
ing
AN ACT to amend the tax law, in relation to the percentage of free play
allowance credits
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraph 3 of subdivision i of section 1617-a of the tax
2 law, as amended by section 1 of part SS of chapter 60 of the laws of
3 2016, is amended to read as follows:
4 (3) For each video lottery facility, the annual value of the free play
5 allowance credits authorized for use by the operator pursuant to this
6 subdivision shall not exceed an amount equal to fifteen percent of the
7 total amount wagered on video lottery games after payout of prizes. The
8 gaming commission shall establish procedures to assure that free play
9 allowance credits do not exceed such amount. However, the commission
10 may, at the commission's discretion, authorize an increase to the above
11 limitation for individual video lottery facilities, upon illustration of
12 benefit to the state.
13 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD05384-01-3
