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NY S04237

Bill

Official Source

Status

Vetoed

12/31/2016

Primary Sponsor

Patrick Gallivan

Click for details

Origin

Senate

2015-2016 General Assembly

AI Summary

  • Amends New York Tax Law Section 1612 to increase the distance threshold from 15 miles to 40 miles for vendor tracks located near Native American Class III gaming facilities
  • Establishes a 41 percent tax rate on total revenue wagered at vendor tracks within 40 miles of a Native American Class III gaming facility, after prize payouts
  • Takes effect immediately upon enactment

Legislative Description

Relates to vendor fees at certain vendor tracks.

Last Action

VETOED MEMO.302

12/31/2016

Committee Referrals

Ways and Means6/15/2016
Rules6/8/2016
Finance2/25/2016
Racing, Gaming and Wagering3/11/2015

Full Bill Text

No bill text available