New York A10231 mandates distribution of unclaimed winnings and refunds to participating counties by a regional off-track betting corporation in the.
New York A10231 amends the racing, pari-mutuel wagering, and breeding law to require a regional off-track betting corporation in the capital district to distribute unclaimed winnings and refunds to participating counties by March 15. It imposes a penalty of five percent and interest at one percent per month for late payments. The bill also mandates that pari-mutuel wagering taxes be remitted to participating counties in the same manner as before. The act takes effect immediately.
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