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Bill > S03613


NY S03613

NY S03613
Provides that the gaming commission may, at its discretion, authorize an increase to the free play limitation for individual video lottery facilities upon illustration of benefit to the state.


summary

Introduced
01/29/2025
In Committee
01/29/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to the percentage of free play allowance credits

AI Summary

This bill amends the New York tax law to modify the rules governing free play allowance credits for video lottery facilities. Currently, video lottery operators are limited to free play credits that do not exceed 15% of the total amount wagered on video lottery games after prize payouts. The proposed amendment gives the gaming commission additional flexibility by allowing it to increase this free play limitation for individual video lottery facilities if the commission determines that such an increase would provide a benefit to the state. This means that the gaming commission can now exercise discretion to raise the free play credit threshold for specific facilities on a case-by-case basis, potentially providing more operational latitude to video lottery operators while maintaining oversight to ensure the state's interests are protected. The bill would take effect immediately upon enactment.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

REFERRED TO RACING, GAMING AND WAGERING (on 01/29/2025)

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