2006 New York Code - Non-refundable Tax Credit.

 
    * §  910.  Non-refundable  tax credit. Each regional off track betting
  corporation shall be entitled to a monthly non-refundable tax credit  to
  be  applied  against the pari-mutuel tax on all pools on races conducted
  within New York state. Such credit shall be equal to fifty-four  percent
  of the pari-mutuel tax attributable to such corporation's daily increase
  in  wagers  on races at each respective track authorized by this chapter
  on races conducted within New York state compared to such  corporation's
  average daily wagers on races conducted within New York state during the
  year ending December thirty-first, two thousand four.
    * NB There are 2 § 910's