Relates to the utilization of funds in the Catskill off-track betting corporation's capital acquisition fund for the purposes of statutory obligations, payroll, and expenditures necessary to accept authorized wagers.
Allows off-track betting corporations to set up special reserve funds to use as an alternative to current capital acquisition funds.
Relates to utilizing funds from the capital acquisition fund for the payment of salaries and benefits of employees and other expenses of regional off-track betting corporations.
Provides that the winnings from off-track betting, remaining unclaimed by April 1 each year, shall become part of the regional off-track betting corporation's operating account.
Relates to capital program plans; provides that the MTA shall submit to the MTA capital program review board two capital program plans on or before January 31, 2029 and every fifth year thereafter; provides that all future capital program plans be submitted January 31 of the required years.
Relates to capital program plans; provides that the MTA shall submit to the MTA capital program review board two capital program plans on or before January 31, 2028 and every fifth year thereafter; provides that all future capital program plans be submitted January 31 of the required years.
Provides for payments to licensed harness tracks by regional off-track betting corporations.
Relates to the Catskill off-track betting corporation providing licensing and financing to the Monticello racetrack and the ability to provide capital improvements.
Relates to funding early intervention services; provides that for the 2023 fiscal year there shall be an 11 percent increase in funding.
Provides for the amount to be paid by off-track betting corporations to regional harness tracks from out-of-state and out-of-country simulcast revenue.