N.Y. Racing, Pari-Mutuel Wagering and Breeding Law Section 1350
Additional regulatory costs

1.

Any remaining costs of the commission necessary to maintain regulatory control over gaming facilities that are not covered by the fees set forth in § 1349 (Regulatory investigatory fees)section one thousand three hundred forty-nine of this title; any other fees assessed under this article; or any other designated sources of funding, shall be assessed annually on gaming licensees under this article in proportion to the number of gaming positions at each gaming facility. Each gaming licensee shall pay the amount assessed against it within thirty days after the date of the notice of assessment from the commission.

2.

If the fees collected in § 1349 (Regulatory investigatory fees)section one thousand three hundred forty-nine of this title exceed the cost required to maintain regulatory control, the surplus funds shall be credited in proportional shares against each gaming licensee’s next assessment.

Source: Section 1350 — Additional regulatory costs, https://www.­nysenate.­gov/legislation/laws/PML/1350 (updated Sep. 22, 2014; accessed Apr. 13, 2024).

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Accessed:
Apr. 13, 2024

Last modified:
Sep. 22, 2014

§ 1350’s source at nysenate​.gov

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