New York S09545 mandates that a regional off-track betting corporation in the capital district distribute unclaimed winnings and refunds to.
New York S09545 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. It sets a deadline for distribution by March 15th and imposes penalties for late payments. Additionally, the bill outlines the remittance of pari-mutuel wagering taxes, ensuring they are collected and remitted in the same manner as before. The act takes effect immediately.
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- Legal Framework
- Critical Issues
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