Allows the Capital District Regional Off-Track Betting Corporation to retain and distribute uncashed tickets to participating counties.
This bill amends the racing, pari-mutuel wagering, and breeding law to modify the authority of the Capital District Regional Off-Track Betting Corporation. It allows the corporation to retain and disburse uncashed tickets to the participating counties by March 15th. The bill specifies that a penalty and interest apply if the balance remains unclaimed by April 1st.
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