Section 195-Q. Bell jar compliance and enforcement  


Latest version.
  • In the case of bell
      jars, the  licensee,  upon  filing  financial  statements  of  bell  jar
      operations,  shall  also tender to the board a sum in the amount of five
      percent of the net proceeds as defined in this paragraph, from the  sale
      of  bell jar tickets, seal cards, merchandise board, and coin boards, if
      any, for that portion of license period covered by such  statement.  For
      the  purposes  of this section, "net proceeds" shall mean the difference
      between the ideal handle from the sale of bell jar tickets, seal  cards,
      merchandise boards, and coin boards less the amount of money paid out in
      prizes and less the purchase price of the bell jar deal, seal card deal,
      merchandise board deal, or coin board deal. Additionally, a credit shall
      be  permitted  against  the  net  proceeds fee tendered to the board for
      unsold tickets of the bell jar deal as long as the unsold  tickets  have
      the  same  serial  number  as the tickets for which the fee is rendered.
      Such unsold tickets must be kept on file by the selling organization for
      inspection by the board for a period of one year following the date upon
      which the relevant financial statement was received by the board.
        1. One-half of one  percent  of  such  fee  received  from  authorized
      volunteer  fire  companies shall be paid to the New York state emergency
      services  revolving  loan  account  established  pursuant   to   section
      ninety-seven-pp of the state finance law.
        2.  The  racing and wagering board shall submit to the director of the
      division of the budget an annual plan that details the amount  of  money
      the  racing  and  wagering board deems necessary to maintain operations,
      compliance and enforcement of the provisions of  this  article  and  the
      collection  of  the  license  fee authorized by this section. Contingent
      upon the approval of the director of the division  of  the  budget,  the
      racing  and wagering board shall pay into an account, to be known as the
      bell jar collection account, under the joint custody of the  comptroller
      and  the  board,  the total amount of license fees collected pursuant to
      this section. With the approval of the director of the division  of  the
      budget,  monies  to  be utilized to maintain the operations necessary to
      enforce the provisions of this article and the collection of the license
      fee imposed by this section shall be paid out of  such  account  on  the
      audit  and  warrant of the comptroller on vouchers certified or approved
      by the director of the division of the budget  or  his  duly  designated
      official.  Those  monies  that  are  not utilized to maintain operations
      necessary to enforce the provisions of this article and  the  collection
      of  the license fee authorized by this section shall be paid out of such
      amount on the audit and warrant of the state comptroller  and  shall  be
      credited to the general fund.