N.Y. Racing, Pari-Mutuel Wagering and Breeding Law § 1018: Distribution

§ 1018. Distribution. Notwithstanding any other provision of this

chapter, for the period July twenty-fifth, two thousand one through

September eighth, two thousand twenty-six, when a franchised corporation

is conducting a race meeting within the state at Saratoga Race Course,

every off-track betting corporation branch office and every simulcasting

facility licensed in accordance with section one thousand seven (that

has entered into a written agreement with such facility's representative

horsemen's organization as approved by the commission), one thousand

eight or one thousand nine of this article shall be authorized to accept

wagers and display the live simulcast signal from thoroughbred tracks

located in another state, provided that such facility shall accept

wagers on races run at all in-state thoroughbred tracks which are

conducting racing programs subject to the following provisions;

provided, however, no such written agreement shall be required of a

franchised corporation licensed in accordance with section one thousand

seven of this article.

Every facility authorized to accept wagers on out-of-state tracks

shall distribute all sums deposited in any pari-mutuel pool to the

holder of winning tickets therein, provided such tickets are presented

for payment prior to April first of the year following the year of their

purchase, the retention rates and breaks shall be as prescribed by

another state or country pursuant to section nine hundred five of this

chapter.

1. Of the sums so retained, the applicable tax rates shall be as set

forth in subdivision one of section one hundred thirty-six of this

chapter.

2. a. Of the sums so retained, one-half of one percent of all wagers

shall be paid to the New York state thoroughbred breeding and

development fund, except that of the sums so retained on such wagers at

licensed harness tracks, one-half of one percent shall be paid to the

agriculture and New York state horse breeding and development fund.

b. Any thoroughbred racing corporation or harness racing association

or corporation or off-track betting corporation shall pay to the

commission as a regulatory fee, which fee is hereby levied, six-tenths

of one percent of all wagering pools.

3. Distribution of wagers placed on out-of-state thoroughbred tracks

at facilities licensed in accordance with section one thousand eight or

one thousand nine of this article.

The following percentages of the sums so retained on days when a

franchised corporation is conducting a meeting within the state

Regular Multiple Exotic Super exotic

bets bets bets bets

State tax .25 .25 .25 .25

Non-franchised Thoroughbred

racing corporation .50 .50 .50 .50

Non-franchised Thoroughbred

racing corporation

payments to purses .50 .50 .50 .50

Franchised corporation 3.25 3.25 3.25 3.25

Franchised corporation

payments to purses 3.25 3.25 3.25 3.25

4. Payments to purses as required pursuant to this subdivision shall

be paid to the thoroughbred racing corporation to be used exclusively

for the purpose of increasing purses, including stakes, premiums and

prizes.

5. For wagers placed on an out-of-state track at a franchised

corporation the state tax shall be one-quarter of one percent of all

wagers and three and one-quarter of one percent shall be utilized by a

franchised corporation exclusively for the purpose of increasing purses,

including stakes, premiums and prizes identified to sums retained for

each type of on-track wager.

6. The following percentages of the distribution of wagers placed on

out-of-state thoroughbred tracks at facilities licensed in accordance

with section one thousand seven of this article. Of the sums so retained

on days when a franchised corporation is conducting a meeting within the

state

Regular Multiple Exotic Super exotic

bets bets bets bets

State tax .25 .25 .25 .25

Non-franchised Thoroughbred

racing corporation .50 .50 .50 .50

Non-franchised Thoroughbred

racing corporation

payments to purses .50 .50 .50 .50

Franchised corporation 2 2 2 2

Franchised corporation

payments to purses 2 2 2 2