Requires certain gaming facility licensees to make racing support payments to licensed racetracks in their region and the NYS horse breeding development fund and NYS thoroughbred breeding and development fund.
STATE OF NEW YORK
________________________________________________________________________
6562
2019-2020 Regular Sessions
IN SENATE
June 16, 2019
___________
Introduced by Sen. ADDABBO -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules
AN ACT to amend the racing, pari-mutuel wagering and breeding law, in
relation to racing support payments
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 2 of section 1355 of the racing, pari-mutuel
2 wagering and breeding law, as added by chapter 174 of the laws of 2013,
3 is amended to read as follows:
4 2. If an applicant that does not possess either a pari-mutuel wagering
5 license or franchise awarded pursuant to article two or three of this
6 chapter is issued a gaming facility license pursuant to this article,
7 the licensee shall pay fifty percent of:
8 (a) an amount to horsemen for purses at the licensed racetracks in the
9 region that will assure the purse support from video lottery gaming
10 facilities in the region to the licensed racetracks in the region to be
11 maintained at the same dollar levels realized in [two thousand thirteen
12 to be adjusted by the consumer price index for all urban consumers, as
13 published annually by the United States department of labor bureau of
14 labor statistics] two thousand nineteen; and
15 (b) amounts to the agricultural and New York state horse breeding
16 development fund and the New York state thoroughbred breeding and devel-
17 opment fund to maintain payments from video lottery gaming facilities in
18 the region to such funds to be maintained at the same dollar levels
19 realized in [two thousand thirteen to be adjusted by the consumer price
20 index for all urban consumers, as published annually by the United
21 States department of labor bureau of labor statistics] two thousand
22 nineteen.
23 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD13391-01-9