2023 New York Laws › STF - State Finance › Article 4-A - State Assistance to Local Government › 54-L - State Assistance to Eligible Cities and Eligible Municipalities in Which a Video Lottery Gaming Facility Is Located.

§   54-l.   State   assistance   to   eligible   cities  and  eligible
  municipalities in which a video lottery gaming facility is  located.  1.
  Definitions.    When  used  in  this section, unless otherwise expressly
  stated:
a. "Eligible city" shall mean a city with a  population  equal  to  or
  greater  than one hundred twenty-five thousand and less than one million
  in which a video lottery gaming facility is located and operating as  of
  January  first,  two  thousand  nine pursuant to section sixteen hundred
  seventeen-a of the tax law.
b. "Eligible municipality" shall mean a county, city, town or  village
  in  which a video lottery gaming facility is located pursuant to section
  sixteen hundred seventeen-a of the tax law that is not located in a city
  with a population equal to  or  greater  than  one  hundred  twenty-five
  thousand.
2.  a. Within the amount appropriated therefor, an eligible city shall
  receive an amount equal to the state aid payment received in  the  state
  fiscal   year  commencing  April  first,  two  thousand  eight  from  an
  appropriation for  aid  to  municipalities  with  video  lottery  gaming
  facilities.
b.  Within  the amounts appropriated therefor, eligible municipalities
  shall receive an amount equal  to  seventy  percent  of  the  state  aid
  payment  received  in  the state fiscal year commencing April first, two
  thousand eight from an appropriation  for  aid  to  municipalities  with
  video  lottery  gaming  facilities,  except  as  otherwise  provided  by
  subdivision five of this section.
3. a. State  aid  payments  made  to  an  eligible  city  pursuant  to
  paragraph a of subdivision two of this section shall be used to increase
  support for public schools in such city.
b.  State  aid  payments  made to an eligible municipality pursuant to
  paragraph b of subdivision two of this section shall  be  used  by  such
  eligible municipality to: (i) defray local costs associated with a video
  lottery gaming facility, or (ii) minimize or reduce real property taxes.
4.  Payments of state aid pursuant to this section shall be made on or
  before June thirtieth of each state fiscal  year  to  the  chief  fiscal
  officer  of  each  eligible city and each eligible municipality on audit
  and warrant of the state comptroller out of moneys appropriated  by  the
  legislature  for such purpose to the credit of the local assistance fund
  in the general fund of the state treasury.
5. The town and county in which the facility defined in paragraph five
  of subdivision a of section sixteen hundred seventeen-a of the  tax  law
  is  located  shall  receive  assistance  payments  made pursuant to this
  section at the same dollar level realized by the village of  Monticello,
  Sullivan  county,  the  town  of Thompson, Sullivan county, and Sullivan
  county in the state fiscal year commencing  April  first,  two  thousand
  nineteen;  provided  however  that  the amount that was allocated to the
  village of Monticello shall be distributed evenly between such town  and
  such  county.  Any  payments made pursuant to this subdivision shall not
  commence until the facility defined in paragraph five of  subdivision  a
  of  section  sixteen  hundred  seventeen-a  of  the tax law has realized
  revenue for a period of twelve consecutive months.