S03793 Summary:

BILL NOS03793
 
SAME ASNo same as
 
SPONSORBONACIC
 
COSPNSR
 
MLTSPNSR
 
Amd S238, RWB L
 
Reduces the minimum number of required racing days at franchised tracks from 95 to 75.
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S03793 Actions:

BILL NOS03793
 
02/15/2013REFERRED TO RACING, GAMING AND WAGERING
01/08/2014REFERRED TO RACING, GAMING AND WAGERING
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S03793 Floor Votes:

There are no votes for this bill in this legislative session.
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S03793 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          3793
 
                               2013-2014 Regular Sessions
 
                    IN SENATE
 
                                    February 15, 2013
                                       ___________
 
        Introduced  by  Sen. BONACIC -- 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 racing, pari-mutuel wagering and breeding law, in
          relation to days of racing
 
          The People of the State of New York, represented in Senate and  Assem-

        bly, do enact as follows:
 
     1    Section  1.  Paragraph  (d)  of  subdivision  1  of section 238 of the
     2  racing, pari-mutuel wagering and breeding law, as amended by chapter  18
     3  of the laws of 2008, is amended to read as follows:
     4    (d)  The  pari-mutuel  tax  rate  authorized  by paragraph (a) of this
     5  subdivision shall be effective so long as a franchised corporation noti-
     6  fies the racing and wagering board by August fifteenth of each year that
     7  such pari-mutuel tax rate is effective of its intent to conduct  a  race
     8  meeting  at  Aqueduct  racetrack during the months of December, January,
     9  February, March and April. [For] Notwithstanding any provision of law to
    10  the contrary, and for purposes of this paragraph such race meeting shall
    11  consist of not less than [ninety-five] seventy-five days of racing.  Not

    12  later than May first of each year that  such  pari-mutuel  tax  rate  is
    13  effective,  the racing and wagering board shall determine whether a race
    14  meeting at Aqueduct  racetrack  consisted  of  the  number  of  days  as
    15  required  by  this  paragraph.  In  determining the number of race days,
    16  cancellation of a race day because of an act of God,  which  the  racing
    17  and  wagering  board  approves or because of weather conditions that are
    18  unsafe or hazardous which the racing and wagering board  approves  shall
    19  not  be  construed  as  a  failure  to conduct a race day. Additionally,
    20  cancellation of a race day because of circumstances beyond  the  control
    21  of  such  franchised corporation for which the racing and wagering board
    22  gives approval shall not be construed as a failure  to  conduct  a  race
    23  day. If the racing and wagering board determines that the number of days

    24  of racing as required by this paragraph have not occurred then the pari-
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08533-01-3

        S. 3793                             2
 
     1  mutuel tax rate in paragraph (a) of this subdivision shall revert to the
     2  pari-mutuel tax rates in effect prior to January first, nineteen hundred
     3  ninety-five.  Such  franchised  corporation  shall pay to the racing and
     4  wagering  board  as  a regulatory fee, which fee is hereby levied, fifty
     5  hundredths of one per centum of the  total  daily  on-track  pari-mutuel
     6  pools of such franchised corporation.
     7    § 2. This act shall take effect February 1, 2013.
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