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NY S00592
Bill
Status
6/9/2021
Primary Sponsor
Rachel May
Click for details
AI Summary
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Requires the state to distribute 25 percent of the negotiated percentage of net drop from all gaming devices located in Madison County for which the state receives payment to that county.
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Maintains existing revenue-sharing provisions for gaming facilities in Buffalo, Niagara Falls, Cattaraugus, Chautauqua, Allegany, Franklin, St. Lawrence, and Oneida counties.
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Continues annual distribution of $3.5 million to Madison County and a one-time $11 million payment from the Oneida Settlement Agreement to Madison County.
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Effective June 1, 2022, contingent upon the state actually receiving payment from gaming devices located in Madison County.
Legislative Description
Provides for the sharing of revenue from gaming devices located within the county of Madison.
Last Action
COMMITTED TO RULES
6/3/2022