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Bill

Bill

A 5901

Provides for the sharing of revenue from gaming devices located within the counties of Oneida and Madison

2025 Regular Session Introduced by Carrie Woerner

Bill A 5901 ensures local governments in Oneida and Madison counties share revenue from gaming devices, boosting funding for public services and community programs.

REFERRED TO RACING AND WAGERING
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WeVote Research Nonpartisan
Bill Summary · A 5901

Summary of Bill A 5901

Bill Overview

  • Bill Number: A 5901
  • Title: Provides for the sharing of revenue from gaming devices located within the counties of Oneida and Madison
  • Status: Referred to Racing and Wagering
  • Introduced On: February 24, 2025
  • Classification: Bill

Purpose and Intent

Bill A 5901 aims to establish a framework for the equitable sharing of revenue generated from gaming devices situated in the counties of Oneida and Madison. The intent is to ensure that local governments and communities benefit financially from the presence of these gaming devices, which are often a source of significant revenue.

Key Provisions

  • Revenue Sharing Mechanism: The bill proposes a specific percentage of the revenue collected from gaming devices to be allocated to local governments in Oneida and Madison counties.
  • Distribution Guidelines: The bill outlines how the shared revenue will be distributed among various local entities, potentially including municipalities and community programs.
  • Regulatory Oversight: The legislation may also establish guidelines for the oversight of gaming operations to ensure compliance and transparency in revenue reporting.

Impact

  • Local Governments: The primary beneficiaries of this bill would be the local governments in Oneida and Madison counties, which could receive additional funding for public services, infrastructure, and community development projects.
  • Community Programs: The revenue sharing could also support local initiatives, such as education, health services, and recreational programs, enhancing the quality of life for residents.
  • Gaming Industry: Operators of gaming devices may experience changes in their financial obligations due to the new revenue-sharing requirements.

Procedural Aspects

  • Current Status: As of the introduction date, the bill has been referred to the Racing and Wagering committee for further consideration.
  • Related Legislation: Bill A 5901 is related to prior-session bills A 8423, A 1752, and A 4797, which may provide context or precedent for the current proposal.

Conclusion

Bill A 5901 represents a significant step towards ensuring that local communities in Oneida and Madison counties benefit from the economic activity generated by gaming devices. By establishing a revenue-sharing framework, the bill seeks to promote financial equity and support local development initiatives. As the bill progresses through the legislative process, its implications for local governance and community welfare will be closely monitored.

Compiled from official sources — confirm details with the bill’s official record.

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