New York A 3464: Relates to the Catskill regional off-track betting corporation; repealer

Bill Text

STATE OF NEW YORK
________________________________________________________________________
3464
2021-2022 Regular Sessions
IN ASSEMBLY
January 26, 2021
___________
Introduced by M. of A. PRETLOW -- read once and referred to the Commit-
tee on Racing and Wagering
AN ACT to amend the tax law and the racing, pari-mutuel wagering and
breeding law, in relation to the Catskill regional off-track betting
corporation; and repealing certain provisions of the racing, pari-mu-
tuel wagering and breeding law relating thereto
The People of the State of New York, represented in Senate and Assem-
bly, do enact as follows:
1 Section 1. Paragraph 1 of subdivision a of section 1617-a of the tax
2 law, as amended by section 1 of part SS of chapter 60 of the laws of
3 2016, is amended to read as follows:
4 (1) Aqueduct, [ ] Yonkers, Finger Lakes, and Vernon DownsMonticello,
5 racetracks;
6 § 2. Paragraphs 3 and 4 of subdivision a of section 1617-a of the tax
7 law, as added by section 1 of part SS of chapter 60 of the laws of 2016,
8 are amended and a new paragraph 8 is added to read as follows:
9 (3) a maximum of two facilities, which shall be vendors for all
10 purposes under this article, neither to exceed one thousand video
11 lottery gaming devices, established within region three of zone one as
12 defined by section one thousand three hundred ten of the racing, pari-
13 mutuel wagering and breeding law, one each operated by a corporation
14 established pursuant to section five hundred two of the racing, pari-mu-
15 tuel wagering and breeding law in the Suffolk region and the Nassau
16 region to be located within a facility authorized pursuant to sections
17 one thousand eight or one thousand nine of the racing, pari-mutuel
18 wagering and breeding law; [ ]and
19 (4) Aqueduct racetrack, within the lottery terminal facility, pursuant
20 to an agreement between the corporation established pursuant to section
21 five hundred two of the racing, pari-mutuel wagering and breeding law in
22 the Nassau region and the operator of video lottery gaming at Aqueduct
23 racetrack, when such agreement is approved by the gaming commission and
EXPLANATION--Matter in (underscored) is new; matter in bracketsitalics
[ ] is old law to be omitted.
LBD07788-01-1

A. 3464 2
1 as long as such agreement is in place, and when such agreement is accom-
2 panied by a detailed spending plan for the corporation established
3 pursuant to section five hundred two of the racing, pari-mutuel wagering
4 and breeding law in the Nassau region, which includes a plan for the
5 timely payment of liabilities due to the franchised corporation, and
6 when such video lottery devices are hosted by the operator of video
7 lottery gaming at Aqueduct racetrack on behalf of the corporation estab-
8 lished pursuant to section five hundred two of the racing, pari-mutuel
9 wagering and breeding law in the Nassau region in lieu of the develop-
10 ment of a facility in Nassau county as authorized by paragraph three of
11 subdivision [ ]. Such agreement reached by thethis a of this section
12 parties shall identify the agency principally responsible for funding,
13 approving or undertaking any actions of such agreement. Provided,
14 however, nothing in this paragraph shall infringe upon the rights of the
15 corporation established pursuant to section five hundred two of the
16 racing, pari-mutuel wagering and breeding law in the Nassau region to
17 develop a facility pursuant to paragraph three of this subdivision upon
18 the expiration, termination, or withdrawal of such agreement[ ]. ; and
19 (8) a maximum of three facilities, which shall be vendors for all
20 purposes under this article, with a total of one thousand one hundred
21 ten video lottery gaming devices in the county of Broome, Chemung,
22 Chenango, Delaware, Orange, Rockland, Dutchess, Tompkins, Putnam or
23 Ulster and to be operated by a corporation established pursuant to
24 section five hundred two of the racing, pari-mutuel wagering and breed-
25 ing law, and located within a facility authorized pursuant to section
26 one thousand eight or one thousand nine of the racing, pari-mutuel
27 wagering and breeding law.
28 § 3. Paragraph 2 of subdivision b of section 1612 of the tax law, as
29 amended by section 2 of part S of chapter 39 of the laws of 2019, is
30 amended to read as follows:
31 2. As consideration for the operation of a video lottery gaming facil-
32 ity, the division, shall cause the investment in the racing industry of
33 a portion of the vendor fee received pursuant to paragraph one of this
34 subdivision in the manner set forth in this subdivision. With the
35 exception of Aqueduct racetrack, a video lottery gaming facility author-
36 ized pursuant to paragraph five of subdivision a of section sixteen
37 hundred seventeen-a of this article or a facility in the county of
38 Nassau or Suffolk operated by a corporation established pursuant to
39 section five hundred two of the racing, pari-mutuel wa