A04204 Summary:

BILL NOA04204
 
SAME ASNo Same As
 
SPONSORGarbarino
 
COSPNSRRa, Raia
 
MLTSPNSR
 
Amd S54-l, St Fin L
 
Provides state aid to newly eligible municipalities in which a video lottery gaming facility is located.
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A04204 Actions:

BILL NOA04204
 
01/29/2015referred to ways and means
01/06/2016referred to ways and means
06/15/2016held for consideration in ways and means
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A04204 Committee Votes:

WAYS AND MEANS Chair:Farrell DATE:06/15/2016AYE/NAY:23/10 Action: Held for Consideration
FarrellAyeOaksNay
LentolAyeCrouchNay
SchimmingerAyeBarclayNay
GanttAyeFitzpatrickNay
WeinsteinAyeSaladinoNay
GlickAyeHawleyNay
NolanExcusedDupreyNay
PretlowAyeCorwinNay
PerryAyeMalliotakisNay
ColtonAyeWalterNay
CookAye
CahillAye
AubryAye
HooperAye
ThieleAye
WrightAye
CusickAye
OrtizAye
BenedettoAye
MarkeyExcused
MoyaAye
WeprinAye
RodriguezAye
RamosAye
BraunsteinAye

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A04204 Floor Votes:

There are no votes for this bill in this legislative session.
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A04204 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          4204
 
                               2015-2016 Regular Sessions
 
                   IN ASSEMBLY
 
                                    January 29, 2015
                                       ___________
 
        Introduced  by  M.  of  A.  GARBARINO  --  read once and referred to the
          Committee on Ways and Means
 
        AN ACT to amend the state finance law, in relation to state aid to newly
          eligible municipalities in which a video lottery  gaming  facility  is
          located
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Section 54-l of the state finance law, as added by  section
     2  1  of  part J of chapter 57 of the laws of 2011, paragraph b of subdivi-
     3  sion 2 as amended by section 1 of part X of chapter 55 of  the  laws  of
     4  2014, is amended to read as follows:
     5    §  54-l.  State  assistance  to  eligible  cities and eligible munici-
     6  palities in which a video lottery gaming facility is located.  1.  Defi-
     7  nitions.  When used in this section, unless otherwise expressly stated:
     8    a.  "Eligible  city"  shall  mean a city with a population equal to or
     9  greater than one hundred twenty-five thousand and less than one  million
    10  in  which a video lottery gaming facility is located and operating as of
    11  January first, two thousand nine pursuant  to  section  sixteen  hundred
    12  seventeen-a of the tax law.
    13    b.  "Eligible municipality" shall mean a county, city, town or village
    14  in which a video lottery gaming facility is located pursuant to  section
    15  sixteen hundred seventeen-a of the tax law that is not located in a city
    16  with a population equal to or greater than one hundred twenty-five thou-
    17  sand.
    18    c.  "Newly  eligible  municipality" shall mean a county, city, town or
    19  village in which a video lottery gaming facility is located pursuant  to
    20  section  sixteen  hundred seventeen-a of the tax law that is not located
    21  in a city with a population equal to or greater than one  hundred  twen-
    22  ty-five  thousand  and  which was not operating as of January first, two
    23  thousand fifteen.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04205-01-5

        A. 4204                             2
 
     1    d. "Estimated net machine income" for a  newly  eligible  municipality
     2  shall  mean  the  estimated  full  annual value of total revenue wagered
     3  after payout for prizes for games  known  as  video  lottery  gaming  as
     4  authorized  under  article  thirty-four  of  the  tax law for the period
     5  commencing  on  April  first  next succeeding the date on which machines
     6  located within such municipality first generate income and ending on the
     7  following March thirty-first.
     8    2. a. Within the amount appropriated therefor, an eligible city  shall
     9  receive  an  amount equal to the state aid payment received in the state
    10  fiscal year commencing April first, two thousand eight from an appropri-
    11  ation for aid to municipalities with video lottery gaming facilities.
    12    b. Within the amounts appropriated therefor,  eligible  municipalities
    13  shall  receive  an  amount  equal  to  seventy  percent of the state aid
    14  payment received in the state fiscal year commencing  April  first,  two
    15  thousand  eight  from  an  appropriation  for aid to municipalities with
    16  video lottery gaming facilities.
    17    c. A newly eligible municipality shall receive  a  state  aid  payment
    18  equal  to  three  and  one-half  percent  of  the "estimated net machine
    19  income" generated by a video lottery gaming facility located within such
    20  newly eligible municipality as follows: (i) twenty-five percent shall be
    21  apportioned and paid to the county; and (ii) seventy-five percent  shall
    22  be  apportioned  and  paid on pro rata basis to eligible municipalities,
    23  other than the county, based upon the population of such eligible  muni-
    24  cipalities.  Such state aid payment shall not exceed twenty-five percent
    25  of an eligible municipality's total  expenditures  as  reported  in  the
    26  statistical report of the comptroller in the preceding state fiscal year
    27  pursuant to section thirty-seven of the general municipal law.
    28    3.  a.  State  aid payments made to an eligible city pursuant to para-
    29  graph a of subdivision two of this section shall  be  used  to  increase
    30  support for public schools in such city.
    31    b.  State  aid  payments  made to [an] eligible [municipality] munici-
    32  palities and newly eligible municipalities pursuant to [paragraph] para-
    33  graphs b and c of subdivision two of this section shall be used by  such
    34  eligible municipality to: (i) defray local costs associated with a video
    35  lottery gaming facility, or (ii) minimize or reduce real property taxes.
    36    4.  Payments of state aid pursuant to this section shall be made on or
    37  before June thirtieth of each state fiscal  year  to  the  chief  fiscal
    38  officer of each eligible city [and], each eligible municipality and each
    39  newly  eligible  municipality,  on  audit and warrant of the state comp-
    40  troller out of moneys appropriated by the legislature for  such  purpose
    41  to  the  credit  of the local assistance fund in the general fund of the
    42  state treasury.
    43    § 2. This act shall take effect immediately.
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