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NY S02139

Bill

Official Source

Status

Engrossed

6/19/2012

Primary Sponsor

John Bonacic

Click for details

Origin

Senate

2011-2012 General Assembly

AI Summary

  • Amends State Finance Law Section 54-l to expand permitted uses of state aid to eligible municipalities with video lottery gaming facilities
  • State aid to eligible cities must continue to be used to increase support for public schools
  • State aid to other eligible municipalities may be used to: defray local costs of a video lottery gaming facility, minimize or reduce real property taxes, or fund highway repairs and transportation improvements
  • Takes effect immediately upon enactment

Legislative Description

Relates to permitting state aid provided to municipalities in which a video lottery gaming facility is located to be used for transportation improvements and highway repairs.

Last Action

referred to ways and means

6/19/2012

Committee Referrals

Ways and Means6/19/2012
Finance1/18/2011

Full Bill Text

No bill text available