Bill S4367-2015

In relation to payments in support of racing

Relates to payments in support of racing; sets up a fee applicants must pay if they are issued a gaming facility license and they do not possess either a pari-mutuel wagering license or franchise award.

Details

Actions

  • Mar 17, 2015: REFERRED TO RACING, GAMING AND WAGERING

Memo

BILL NUMBER:S4367

TITLE OF BILL: An act to amend the racing, pari-mutuel wagering and breeding law, in relation to payments in support of racing

PURPOSE OR GENERAL IDEA OF BILL: To ensure that purse support funding, funding for the New York State Horse Breeding and Development Fund and funding for the New York State Thoroughbred Breeding and Development Fund provided by video lottery gaming are maintained at 2013 levels (as adjusted for inflation) for licensed racetracks within 50 miles of a casino to be located in the Eastern Southern Tier Region (Region 5).

SUMMARY OF SPECIFIC PROVISIONS:

Section 1: Amends subdivision 2 of section 1355 of the Racing, Pari-Mutuel Wagering and Breeding Law to provide that an applicant for a casino license in the Eastern Southern Tier Region (Region 5) shall be required to pay an amount to ensure purse support funding, funding for the New York State Horse Breeding and Development Fund and funding for the New York State Thoroughbred Breeding and Development Fund provided by video lottery gaining are maintained at 2013 levels (as adjusted for inflation) for licensed racetracks within 50 miles of their location.

Section 2: Effective date.

JUSTIFICATION: The Upstate New York Gaming Economic Development Act of 2013 (Chapter 174 of 2013) provided the statutory framework for the casino site selection process and the operations of the new casinos. As part of this, section 1355 of the Racing, Pari-Mutuel Wagering and Breeding Law required casino license winners to "hold harmless" purse support payments to the horsemen and payments to the breeding funds at racetracks located within their region. However, with the selection by the Gaining Facility Location Board of an applicant in the Finger Lakes Region, which is located in close proximity to a racetrack that is not protected by this provision as it is not in the same "Region," this legislation becomes necessary to protect theses support payments.

LEGISLATIVE HISTORY: New bill.

FISCAL IMPLICATIONS: None to the State.

EFFECTIVE DATE: This act shall take effect immediately.


Text

STATE OF NEW YORK ________________________________________________________________________ 4367 2015-2016 Regular Sessions IN SENATE March 17, 2015 ___________
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 payments in support of racing THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 2 of section 1355 of the racing, pari-mutuel wagering and breeding law, as added by chapter 174 of the laws of 2013, is amended to read as follows: 2. If an applicant that does not possess either a pari-mutuel wagering license or franchise awarded pursuant to article two or three of this chapter is issued a gaming facility license pursuant to this article, the licensee shall pay: (a) an amount to horsemen for purses at the licensed racetracks in the region AND IN THE CASE OF REGION FIVE ANY LICENSED RACETRACKS WITHIN FIFTY MILES OF THE LICENSEE'S FACILITY, that will assure the purse support from video lottery gaming facilities in the region AND IN THE CASE OF REGION FIVE ANY SUCH LICENSED RACETRACKS WITHIN FIFTY MILES OF THE LICENSEE'S FACILITY, to the licensed racetracks in the region AND IN THE CASE OF REGION FIVE ANY SUCH FACILITIES WITHIN FIFTY MILES OF THE LICENSEE'S FACILITY, to be maintained at the same dollar levels realized in two thousand thirteen to be adjusted by the consumer price index for all urban consumers, as published annually by the United States depart- ment of labor bureau of labor statistics; and (b) amounts to the agricultural and New York state horse breeding development fund and the New York state thoroughbred breeding and devel- opment fund to maintain payments from video lottery gaming facilities in the region AND IN THE CASE OF REGION FIVE ANY SUCH FACILITIES WITHIN FIFTY MILES OF THE LICENSEE'S FACILITY, to such funds to be maintained at the same dollar levels realized in two thousand thirteen to be
adjusted by the consumer price index for all urban consumers, as published annually by the United States department of labor bureau of labor statistics. S 2. This act shall take effect immediately.

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