| Amends the racing, pari-mutuel wagering and breeding law and the real property tax law, in relation to racing corporations and associations; authorizes the empire state development corporation to issue bonds for the acquisition of certain racetracks and construction of video lottery terminal facilities; provides appropriation authority for the acquisition of certain racetracks; amends the tax law, in relation to the disposition of revenues; amends chapter 281 of the laws of 1994 amending the racing, pari-mutuel wagering and breeding law and other laws relating to simulcasting and chapter 346 of the laws of 1990 amending the racing, pari-mutuel wagering and breeding law and other laws relating to simulcasting and the imposition of certain taxes, in relation to extending certain provisions thereof; repeals certain provisions of the racing, pari-mutuel wagering and breeding law relating thereto; and repeals section 18 of chapter 346 of the laws of 1990 amending the racing, pari-mutuel wagering and breeding law and other laws relating to simulcasting and the imposition of certain taxes, relating thereto. |
