A3427 (2023-24 session)

NY State bill

Provides that the additional vendor's marketing allowance retained by any operator of a racetrack located in the county of Westchester shall not exceed 8 percent of the total revenue wagered at the vendor track after payout for prizes and the remainder of such additional vendor's marketing allowance, not to exceed 25 million dollars, shall be paid to the Yonkers city school district board of education in quarterly payments for the support and maintenance of certain educational programs.

Title
Relates to the distribution of the additional vendor's marketing allowance by any operator of a racetrack located in the county of Westchester
Type
New York State Assembly bill
Session
2023-24 session
Status
In Assembly Committee
Latest action date
2024-01-03
In committee
Racing And Wagering
Introduced
2023-02-03
Law section
Tax Law

Sponsors

Heard in committee

Sources