N.Y. PML Law § 1018 — New York Code / Act PML / Article 10 / Section 1018
Distribution
Status: in_force

§ 1018. Distribution.  Notwithstanding any other provision of this\nchapter, for the period July twenty-fifth, two thousand one through\nSeptember eighth, two thousand twenty-six, when a franchised corporation\nis conducting a race meeting within the state at Saratoga Race Course,\nevery off-track betting corporation branch office and every simulcasting\nfacility licensed in accordance with section one thousand seven (that\nhas entered into a written agreement with such facility's representative\nhorsemen's organization as approved by the commission), one thousand\neight or one thousand nine of this article shall be authorized to accept\nwagers and display the live simulcast signal from thoroughbred tracks\nlocated in another state, provided that such facility shall accept\nwagers on races run at all in-state thoroughbred tracks which are\nconducting racing programs subject to the following provisions;\nprovided, however, no such written agreement shall be required of a\nfranchised corporation licensed in accordance with section one thousand\nseven of this article.\n  Every facility authorized to accept wagers on out-of-state tracks\nshall distribute all sums deposited in any pari-mutuel pool to the\nholder of winning tickets therein, provided such tickets are presented\nfor payment prior to April first of the year following the year of their\npurchase, the retention rates and breaks shall be as prescribed by\nanother state or country pursuant to section nine hundred five of this\nchapter.\n  1. Of the sums so retained, the applicable tax rates shall be as set\nforth in subdivision one of section one hundred thirty-six of this\nchapter.\n  2. a. Of the sums so retained, one-half of one percent of all wagers\nshall be paid to the New York state thoroughbred breeding and\ndevelopment fund, except that of the sums so retained on such wagers at\nlicensed harness tracks, one-half of one percent shall be paid to the\nagriculture and New York state horse breeding and development fund.\n  b. Any thoroughbred racing corporation or harness racing association\nor corporation or off-track betting corporation shall pay to the\ncommission as a regulatory fee, which fee is hereby levied, six-tenths\nof one percent of all wagering pools.\n  3. Distribution of wagers placed on out-of-state thoroughbred tracks\nat facilities licensed in accordance with section one thousand eight or\none thousand nine of this article.\n  The following percentages of the sums so retained on days when a\nfranchised corporation is conducting a meeting within the state\n                                Regular   Multiple   Exotic   Super exotic\n                                  bets      bets      bets        bets\nState tax                         .25       .25       .25         .25\nNon-franchised Thoroughbred\n  racing corporation              .50       .50       .50         .50\nNon-franchised Thoroughbred\n  racing corporation\n  payments to purses              .50       .50       .50         .50\nFranchised corporation           3.25      3.25      3.25        3.25\nFranchised corporation\n  payments to purses             3.25      3.25      3.25        3.25\n  4. Payments to purses as required pursuant to this subdivision shall\nbe paid to the thoroughbred racing corporation to be used exclusively\nfor the purpose of increasing purses, including stakes, premiums and\nprizes.\n  5. For wagers placed on an out-of-state track at a franchised\ncorporation the state tax shall be one-quarter of one percent of all\nwagers and three and one-quarter of one percent shall be utilized by a\nfranchised corporation exclusively for the purpose of increasing purses,\nincluding stakes, premiums and prizes identified to sums retained for\neach type of on-track wager.\n  6. The following percentages of the distribution of wagers placed on\nout-of-state thoroughbred tracks at facilities licensed in accordance\nwith section one thousand seven of this article. Of the sums so retained\non days when a franchised corporation is conducting a meeting within the\nstate\n                                Regular   Multiple   Exotic   Super exotic\n                                  bets      bets      bets        bets\nState tax                         .25       .25       .25         .25\nNon-franchised Thoroughbred\n  racing corporation              .50       .50       .50         .50\nNon-franchised Thoroughbred\n  racing corporation\n  payments to purses              .50       .50       .50         .50\nFranchised corporation           2         2         2           2\nFranchised corporation\n  payments to purses             2         2         2           2\n