Section 1011. Certain credit to off-track betting corporations

a. During
  the period that a franchised corporation is simulcasting from a facility
  operated by such franchised corporation in the second zone as defined in
  section two hundred forty-seven of this chapter to a  facility  operated
  by such franchised corporation pursuant to section one thousand seven of
  this chapter, any off-track betting corporation operating in a county in
  which  such  association maintains a racetrack shall receive a credit of
  twenty-five per centum of the state taxes due pursuant to  section  five
  hundred twenty-seven of this chapter on wagers placed on races conducted
  by  such association, provided that such corporation has entered into an
  agreement with the employee organization representing the  employees  of
  such corporation in which it has agreed not to reduce its workforce as a
  result of such simulcasting.
    b.  During the days that a franchised corporation is simulcasting from
  a racetrack facility operated by such franchised corporation and located
  in the first zone to a racetrack facility operated  by  such  franchised
  corporation located wholly within a city of one million or more, one per
  centum  of  the  total wagers placed at such receiving facility shall be
  paid to such city.
    c. During the days that a franchised corporation is simulcasting  from
  a facility located wholly within a city in the first zone to a racetrack
  facility  operated  by  such  franchised  corporation  located partially
  within a city with a population in excess of one million  and  partially
  within  a county, one-half per centum of the total wagers placed at such
  receiving facility shall be paid to such city and one-half per centum of
  such wagers shall be paid to such county.