Senate Bill S3706

2013-2014 Legislative Session

Directs the state to reimburse the city of New York for the health care benefits of the retirees of the New York city off-track betting corporation; appropriation

download bill text pdf

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Archive: Last Bill Status - In Senate Committee Finance 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-S3706 (ACTIVE) - Details

See Assembly Version of this Bill:
A3995
Current Committee:
Senate Finance
Law Section:
Appropriations
Laws Affected:
Amd §606, RWB L
Versions Introduced in 2011-2012 Legislative Session:
S6868, A9869

2013-S3706 (ACTIVE) - Summary

Directs the state to reimburse the city of New York for the health care benefits of the retirees of the New York city off-track betting corporation; appropriates $7,000,000 therefor.

2013-S3706 (ACTIVE) - Sponsor Memo

2013-S3706 (ACTIVE) - Bill Text download pdf

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

                                  3706

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            February 11, 2013
                               ___________

Introduced by Sens. LANZA, GOLDEN, ADDABBO, GIANARIS, KLEIN, MONTGOMERY,
  SAMPSON  --  read  twice  and  ordered printed, and when printed to be
  committed to the Committee on Finance

AN ACT to amend the racing, pari-mutuel wagering and  breeding  law,  in
  relation to provision of health insurance and supplemental benefits to
  retirees  of  the  New  York  city  off-track betting corporation; and
  making an appropriation therefor

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

  Section  1.  Legislative intent. The state of New York has an interest
in the welfare of its citizens, and the general welfare  of  its  senior
citizens  is a matter of great public concern to the state.  On December
7, 2010, the New York city off-track betting corporation, a public bene-
fit corporation created in 1973 pursuant to article VI  of  the  racing,
pari-mutual wagering and breeding law ceased operations. The legislature
finds  that,  since  its inception, off-track betting in the city of New
York provided the state with significant revenues to support  government
operations. The legislature further finds that after the governor issued
an  executive  order to allow the New York city off-track betting corpo-
ration to file for bankruptcy pursuant to Chapter 9 of the United States
Bankruptcy Code, the unions representing the employees of such off-track
betting corporation worked tirelessly to assist the corporation  in  its
restructuring  efforts,  including  two collective bargaining agreements
wherein the employees made significant concessions, including  voluntary
separation  from  the  corporation, in order to save the corporation and
assist their fellow employees.
  The legislature further finds that employees retired from such  corpo-
ration,  after  having received the assurance that they and their depen-
dants would receive health insurance and supplemental  benefit  coverage
under  their  collective  bargaining  representative's  welfare  benefit

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07127-01-3

              

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