Bill > A06048

This bill amends a section of New York tax law specifically related to a vendor track located in Oneida County, within fifteen miles of a Native American Class III gaming facility. Currently, such a vendor track is required to pay an additional vendor fee of 6.4% of total revenue wagered after prize payouts. Previously, the track would forfeit this additional vendor fee if it did not maintain at least 70% of its full-time equivalent employees compared to its 2016 staffing levels. The bill removes this forfeiture requirement, meaning the vendor track can continue to receive the additional vendor fee even if its current staffing levels fall below the 70% threshold. A "vendor track" in this context likely refers to a gambling or betting facility, and "Class III gaming" typically involves high-stakes gambling like slot machines or casino-style games. The amendment appears to provide some financial relief or flexibility for the specific vendor track in Oneida County by removing the strict employment maintenance requirement for keeping the additional vendor fee.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A6048