NY State Fin L § 97-NNNN (2021)
2021 New York Laws STF - State Finance Article 6 - Funds of the State 97-NNNN - Commercial Gaming Revenue Fund.

§  97-nnnn.  Commercial  gaming  revenue  fund.  1.  There  is  hereby   established in the joint custody of the comptroller and the commissioner   of taxation and finance an account in the miscellaneous special  revenue   fund to be known as the "commercial gaming revenue fund".2.  Such account shall consist of all revenues from all taxes and fees   imposed by article thirteen of  the  racing,  pari-mutuel  wagering  and   breeding  law;  any interest and penalties imposed by the New York state   gaming commission relating to those taxes; the percentage of  the  value   of  expired  gaming  related  obligations;  and all penalties levied and   collected by the commission. Additionally, the state  gaming  commission   shall  pay  into  the  account  any  appropriate  funds,  cash or prizes   forfeited from gambling activity.3. Moneys of  the  account  shall  be  available  as  follows,  unless   otherwise  specified by the upstate New York gaming economic development   act  of  two  thousand  thirteen,   following   appropriation   by   the   legislature:a.  eighty percent of the moneys in such fund shall be appropriated or   transferred only for elementary and secondary education or real property   tax relief.b. ten percent of the moneys  in  such  fund,  as  attributable  to  a   specific  licensed gaming facility, shall be appropriated or transferred   from the  commercial  gaming  revenue  fund  equally  between  the  host   municipality and host county of such facility.c.  ten  percent  of  the  moneys  in  such fund, as attributable to a   specific licensed gaming facility, shall be appropriated or  transferred   from  the  commercial  gaming  revenue  fund  among  counties within the   region, as defined by section one thousand  three  hundred  ten  of  the   racing, pari-mutuel wagering and breeding law, hosting said facility for   the  purpose  of  real property tax relief and for education assistance.   Such distribution shall be made among  the  counties  on  a  per  capita   basis, subtracting the population of host municipality and county.4. Notwithstanding the foregoing, monies received pursuant to:a.  sections  one  thousand  three hundred forty-five and one thousand   three hundred  forty-eight  of  the  racing,  pari-mutuel  wagering  and   breeding  law  shall  be  exclusively  appropriated  to  the  office  of   alcoholism and substance abuse services to be used for problem  gambling   education and treatment purposes.b.  section  one  thousand  three  hundred  forty-nine  of the racing,   pari-mutuel wagering and breeding law shall be exclusively  appropriated   to the commission for regulatory investigations.c. section one thousand three hundred fifty of the racing, pari-mutuel   wagering  and  breeding  law  shall  be  exclusively appropriated to the   commission for costs regulation.5.  a.  Moneys  appropriated  from  the  fund  for  the  two  thousand   fourteen--two  thousand  fifteen  and two thousand fifteen--two thousand   sixteen school years, for the purposes  of  providing  aid  pursuant  to   paragraph  a  of  subdivision three of this section shall be apportioned   and paid by the education  department  on  or  after  April  first,  two   thousand fifteen.b.  Each  school  district  eligible  to  receive total foundation aid   pursuant to section thirty-six hundred two of the  education  law  shall   receive  a  commercial gaming grant in an amount equal to the product of   the amount of the appropriation of such commercial gaming grants for the   current state fiscal year multiplied by the district's commercial gaming   ratio. The "commercial gaming ratio" shall be equal to the  quotient  of   the  moneys apportioned for such district pursuant to section thirty-six   hundred nine-a of the education law as  set  forth  in  the  school  aid   computer  listing produced by the commissioner in support of the enacted    state budget for the current school year, divided by  the  sum  of  such   moneys  apportioned for all school districts as set forth in such school   aid computer listing in support of the  enacted  state  budget  for  the   current school year.Moneys  to  be  appropriated  from  the fund in any state fiscal year,   commencing on and after April  first,  two  thousand  fifteen,  for  the   purposes  of  providing  aid  pursuant  to  this  subparagraph  shall be   apportioned and paid by the education  department  pursuant  to  section   thirty-six hundred nine-h of the education law.