New York A06039 amends tax and racing laws to adjust fees and distributions for off-track betting corporations.
New York A06039 amends the tax law and racing, pari-mutuel wagering, and breeding law. It adjusts the regulatory fees paid by off-track betting corporations, modifies the distribution of breaks from bets, and sets new rules for video lottery gaming facilities. The bill also grants the Catskill off-track betting corporation the ability to license and finance the Monticello racetrack and make capital improvements.
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