§ 307. Licenses for harness race meetings. 1. Any association or\ncorporation desiring to conduct harness race meetings at which\npari-mutuel betting shall be permitted may apply annually to the\ncommission for a license so to do. If, in the judgment of the commission\nthe public interest, convenience or necessity will be served thereby and\na proper case for the issuance of such license is shown consistent with\nthe purposes of sections two hundred twenty-two through seven hundred\nfive of this chapter and the best interests of racing generally, it may\ngrant such license for a term ending not later than the thirty-first day\nof December next succeeding the granting thereof, specifying dates and\nhours during which and the place where the licensee may operate;\nprovided, however, that any harness racetrack which applies to the\ncommission for permission to make one or more capital improvements may,\nin connection with such application or before or after such application,\nalso apply to the commission for, and the commission shall, as an\ninducement for or in recognition of the making of such capital\nimprovement, grant a capital improvement license, which may be\nconditioned on the completion of the capital improvement if not yet\nmade, for a period of not more than twenty-five years, but in no event\nfor a period longer than is necessary to amortize any loan for capital\nimprovements and shall specify for each year of the term of said license\nthe minimum number of days on which, and the minimum number of hours on\neach such day, and the places where said licensee may conduct such\nharness race meetings at which pari-mutuel betting shall be permitted.\nSuch a capital improvement license shall be issued if in the judgment of\nthe commission the public interest, convenience or necessity will be\nserved thereby and a proper case for the issuance of such a license is\nshown consistent with the purposes of sections two hundred twenty-two\nthrough seven hundred five of this chapter and the best interests of\nracing generally, and in determining the period and other terms of such\ncapital improvement license, the commission shall be guided by the\nnature of the capital improvement and the cost thereof. Such capital\nimprovement license shall automatically expire, irrespective of the term\nthereof, when the loan of funds upon which it has been issued, has been\npaid off by the licensee. Where a capital improvement license is\ngranted, the commission shall specify annually the dates on which, but\nnot beyond the thirty-first day of December, and hours during which such\nlicensee may operate, at the places and for the full number of days and\nhours specified in its capital improvement license.\n 2. Every such license shall be issued upon condition:\n a. that every harness horse race meeting at which pari-mutuel betting\nis conducted shall be subject to the supervision of and to the\nreasonable rules and regulations from time to time prescribed by the\ncommission, and\n b. that pari-mutuel betting conducted thereunder shall also be subject\nto the supervision of and to the reasonable regulations from time to\ntime prescribed by the department of taxation and finance. Any such\nlicense may also be issued upon any other condition that the commission\nshall determine to be necessary or desirable to insure that the public\ninterest, convenience or necessity is served.\n 3. Applications for licenses shall be in such form as may be\nprescribed by the commission and shall contain such information or other\nmaterial or evidence as the commission may require. Each application for\nrenewal of a license shall be deemed to be an application for a new\nlicense. The fee for such licenses shall be one hundred dollars for each\nracing day payable in installments in advance of each week's racing\nwhich sums shall be paid into the general fund of the state treasury by\nthe commission. The term "racing week" shall include those days as\ndefined by th
‹ Prev All New York sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.