NY A10092

Extends the deadline for vendor track capital award carryovers from April 1, 2013 to April 1, 2014, allowing unused awards to be carried into subsequent years ending before April 1, 2014.

Extends the deadline for capital expenditure completion from April 1, 2015 to April 1, 2016 for projects to remain eligible to receive vendor's capital awards.

Extends the deadline for division approval of capital expenditures from April 1, 2013 to April 1, 2014, with eligible projects able to continue receiving awards after April 1, 2014 if approved and completed by April 1, 2016.

Any vendor track capital awards not approved for expenditure by April 1, 2014 must be deposited into the state lottery fund for education aid.

Maintains existing provisions that vendor tracks can receive up to 4 percent of total wagered revenue for capital improvements, with annual caps of $2.5 million per track (except Aqueduct racetrack, which is ineligible).