NY Rac, Pari-Mut Wag & Breeding L § 332 (2021)
2021 New York Laws PML - Racing, Pari-Mutuel Wagering and Breeding Law Article 3 - Harness Racing and Breeding 332 - Resources of Fund.

§ 332. Resources of fund. The fund is authorized and directed:1.  To collect and receive in each calendar year amounts to be paid to   the fund by the persons or corporations licensed to conduct  pari-mutuel   betting at harness racing tracks, an amount equal to three-fifths of one   per  centum  of  all  moneys  deposited  in  pari-mutuel  betting  pools   resulting from on-track bets at all races conducted by  licensees  at  a   harness  horse meeting or races run thereat except that for super exotic   betting pools such amount shall be three per centum  of  such  bets,  as   provided  by  paragraph  c  of  subdivision one of section three hundred   eighteen of this article and to collect and  receive  in  each  calendar   year  to  be  paid  to  the fund by each regional corporation, an amount   equal to three-fifths of one per centum  of  daily  pools  derived  from   off-track  bets  on  harness  races except that for super exotic betting   pools such amount shall be three per centum of such bets as provided  by   subdivision  five  of section five hundred twenty-seven of this chapter;   provided however, that after April first, nineteen  hundred  eighty-six,   the amount to be collected and received from such licensees and regional   corporations,  except  for  super exotic betting pools, shall be one per   centum, and to collect and  receive  such  funds  as  may  otherwise  be   authorized  by law. The moneys shall be deposited forthwith in a bank or   banks in this state. The fund is authorized to dispose of and distribute   the monies received by it pursuant to the provisions of this chapter for   the following purpose and no others:a. An amount as shall be determined by the fund, but shall not  exceed   four percent thereof in an account designated "administration".b.  An  amount  as  shall  be  determined  by  the  fund in an account   designated "4-H standardbred development program".c. An amount as  shall  be  determined  by  the  fund  in  an  account   designated  "New  York  state  exposition horse facility maintenance and   construction".d. An amount as  shall  be  determined  by  the  fund  in  an  account   designated "New York state exposition breeding farms".e.  An  amount  as  shall  be  determined  by  the  fund in an account   designated "county and town agricultural societies".f. An amount as shall be determined by the fund but shall not be  less   than  seventy-five  percent  thereof  in an account designated "New York   state breeding farms", and of such amount not less than ten percent  nor   more  than  twenty percent as determined by the trustees of the fund may   be used exclusively for breeders' awards for New York-breds  and  awards   to owners of eligible stallions.g.  An  amount  as  shall  be  determined  by  the  fund in an account   designated "county and town agricultural society harness racing events".h. An amount equal to two percent thereof  in  an  account  designated   "equine research".i.  An amount as shall be determined by the fund, but not in excess of   one and one-half percent thereof, in an account designated  "to  support   and  promote  research, educational programming, and the preservation of   the history and traditions of harness and trotting horse racing  through   acquiring  and  maintaining  collections  of  artifacts, memorabilia and   documents related to such history and to  maintaining  a  historic  race   track that is designated as a national registered historic landmark".2.  a. To disburse annually out of the account designated in paragraph   e of subdivision one  of  this  section,  to  any  agricultural  society   qualified  therefor  under rules and regulations established by the fund   and which properly requests same, reimbursement for moneys  expended  by   it for actual and necessary repairs to its grounds or buildings approved   by  the  fund  and  used directly in promotion of agriculture generally,   except that no such qualifying society shall be paid in  excess  of  six    thousand  dollars  for  such  repair  in  any  one year, and to disburse   annually  out  of  the  said  account  designated  in  paragraph  e   of   subdivision  one  of this section, to any agricultural society qualified   therefor,  under rules and regulations established by the fund and which   properly requests same.b. After disbursements of moneys out  of  the  account  designated  in   paragraph  e of subdivision one of this section for repairs as set forth   in paragraph a of this subdivision, to disburse the balance of moneys in   such account upon proper request made by a duly qualifying  agricultural   society  for capital construction of the grounds, building or equipment,   of the requesting society. In the event that the said balance  remaining   in  such  account  is  not sufficient to pay each qualifying society the   amount requested and approved for payment by the authority, the  balance   in  such  account shall be paid proratably to the amount each requesting   society would be eligible to receive, except that no qualifying  society   shall  be  paid  in  excess of fifteen thousand dollars for such capital   construction purpose in any one year.  No  capital  construction  moneys   under this subdivision shall be paid to any such agricultural society in   the  absence  of  satisfactory  proof  presented  to  the fund that such   society has in its possession or on deposit to its account  in  bank,  a   like  amount of money to be used by it for the same capital construction   purpose.c. Each such society whose application for capital construction moneys   as described in paragraph b of this subdivision is approved by the  fund   in  any  year, shall have the right and privilege to defer such approved   payment to it for capital construction for a period of up to three years   beyond the year of approval. In the  event  that  the  approved  capital   construction  remains uncompleted at the end of said three year deferred   period, the amount of moneys so approved and  deferred  shall  become  a   part  of  the  balance  for  capital  construction available to all such   agricultural societies.d. Any county or town agricultural society may apply to the  fund  for   permission pursuant to the provisions hereof to make one or more capital   improvements  and  the fund shall determine whether the proposed capital   construction will promote agriculture or domestic  arts  in  this  state   and, on a finding in the affirmative shall approve such construction and   provide for payment to the applying society out of the account under the   provisions designated in paragraph e of subdivision one of this section.e.   Agricultural   societies  qualified  to  participate  under  this   subdivision, shall, on or before the thirty-first day of December in the   year immediately preceding the year in which the said moneys are  to  be   distributed,  make  application for participation to the fund. Sums paid   hereunder  to  participating  societies  shall  be  separate  from   and   additional  to  any  sums paid annually by the department of agriculture   and markets under the provisions of section two  hundred  eighty-six  of   the agriculture and markets law.f.  The  fund shall provide forms for application for distribution and   shall prescribe such regulations and rules as are necessary for carrying   out the provisions of this section and may make such  investigations  as   are  necessary  to  determine  the  validity of any requests, claims and   applications for distribution of moneys hereunder.3. To disburse annually out of the account designated in  paragraph  b   of  subdivision one of this section, to such 4-H societies, such amounts   as the directors deem advisable, as are engaged or propose to engage  in   a  program  for  the  development  of  standardbred horses. The form for   application by such 4-H societies for such moneys, shall  be  prescribed   by the trustees of the fund. 4.  To  disburse annually out of the account designated in paragraph c   of subdivision one of this section, to the department of agriculture and   markets for the construction and maintenance of racing facilities at the   New York state exposition, such moneys deposited therein, to the  extent   that such moneys are expended for such purposes.5.  The  salaries of the officers, agents and employees, and all other   expenses of the said fund shall be paid out of the account designated in   paragraph a of subdivision one of this section.