A03871 Summary:
| BILL NO | A03871 |
| SAME AS | No Same As |
| SPONSOR | Goldfeder |
| COSPNSR | |
| MLTSPNSR | |
| Amd S1612, Tax L | |
| Provides that certain revenue generated from video lottery terminals at the Aqueduct racetrack be used solely for the maintenance and upgrading of the Aqueduct racetrack. | |
A03871 Actions:
| BILL NO | A03871 | |||||||||||||||||||||||||||||||||||||||||||||||||
| 01/27/2015 | referred to ways and means | |||||||||||||||||||||||||||||||||||||||||||||||||
| 01/06/2016 | referred to ways and means | |||||||||||||||||||||||||||||||||||||||||||||||||
| 11/10/2016 | enacting clause stricken | |||||||||||||||||||||||||||||||||||||||||||||||||
A03871 Committee Votes:
Go to topA03871 Floor Votes:
There are no votes for this bill in this legislative session.
Go to topA03871 Text:
Go to topSTATE OF NEW YORK ________________________________________________________________________ 3871 2015-2016 Regular Sessions IN ASSEMBLY January 27, 2015 ___________ Introduced by M. of A. GOLDFEDER -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to the disposition of certain revenue from the video lottery gaming facility at Aqueduct racetrack 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 f of section 1612 of the tax 2 law, as amended by chapter 174 of the laws of 2013, is amended to read 3 as follows: 4 3. Four percent of the total revenue wagered after payout of prizes to 5 be deposited into an account of the franchised corporation established 6 pursuant to section two hundred six of the racing, pari-mutuel wagering 7 and breeding law to be used for capital expenditures in maintaining and 8 upgrading Aqueduct racetrack[, Belmont Park racetrack and Saratoga race9course]. 10 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD06392-01-5