Senate Bill S5756

2013-2014 Legislative Session

Caps the salaries of certain not-for-profit corporation executives

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Racing, Gaming And Wagering Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2013-S5756 (ACTIVE) - Details

See Assembly Version of this Bill:
A7849
Current Committee:
Senate Racing, Gaming And Wagering
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Add §202-c, RWB L

2013-S5756 (ACTIVE) - Summary

Provides that any executive of any not-for-profit corporation which has a franchise agreement to operate franchise racetracks in the state shall have salaries not to exceed one hundred ninety-nine thousand dollars.

2013-S5756 (ACTIVE) - Sponsor Memo

2013-S5756 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  5756

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                              June 12, 2013
                               ___________

Introduced  by  Sen. ADDABBO -- 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 capping the salaries of certain not-for-profit corporation
  executives

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  The  racing,  pari-mutuel  wagering  and  breeding law is
amended by adding a new section 202-c to read as follows:
  S 202-C. SALARIES OF CERTAIN FRANCHISE EXECUTIVES.  ANY  EXECUTIVE  OF
ANY  NOT-FOR-PROFIT CORPORATION WHICH HAS A FRANCHISE AGREEMENT TO OPER-
ATE FRANCHISE RACETRACKS IN THE STATE SHALL HAVE A SALARY NOT TO  EXCEED
ONE HUNDRED NINETY-NINE THOUSAND DOLLARS.
  S 2. This act shall take effect immediately.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11365-02-3

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