2015 New York Laws
STF - State Finance
Article 4-A - (State Finance) STATE ASSISTANCE TO LOCAL GOVERNMENT
54-L - State assistance to eligible cities and eligible municipalities in which a video lottery gaming facility is located.

   54-l.   State   assistance   to   eligible   cities  and  eligible
  municipalities in which a video lottery gaming facility is  located.  1.
  Definitions.    When  used  in  this section, unless otherwise expressly
  stated:
a. "Eligible city" shall mean a city with a  population  equal  to  or
  greater  than one hundred twenty-five thousand and less than one million
  in which a video lottery gaming facility is located and operating as  of
  January  first,  two  thousand  nine pursuant to section sixteen hundred
  seventeen-a of the tax law.
b. "Eligible municipality" shall mean a county, city, town or  village
  in  which a video lottery gaming facility is located pursuant to section
  sixteen hundred seventeen-a of the tax law that is not located in a city
  with a population equal to  or  greater  than  one  hundred  twenty-five
  thousand.
2.  a. Within the amount appropriated therefor, an eligible city shall
  receive an amount equal to the state aid payment received in  the  state
  fiscal   year  commencing  April  first,  two  thousand  eight  from  an
  appropriation for  aid  to  municipalities  with  video  lottery  gaming
  facilities.
b.  Within  the amounts appropriated therefor, eligible municipalities
  shall receive an amount equal  to  seventy  percent  of  the  state  aid
  payment  received  in  the state fiscal year commencing April first, two
  thousand eight from an appropriation  for  aid  to  municipalities  with
  video lottery gaming facilities.
3.  a.  State  aid  payments  made  to  an  eligible  city pursuant to
  paragraph a of subdivision two of this section shall be used to increase
  support for public schools in such city.
b. State aid payments made to an  eligible  municipality  pursuant  to
  paragraph  b  of  subdivision  two of this section shall be used by such
  eligible municipality to: (i) defray local costs associated with a video
  lottery gaming facility, or (ii) minimize or reduce real property taxes.
4. Payments of state aid pursuant to this section shall be made on  or
  before  June  thirtieth  of  each  state fiscal year to the chief fiscal
  officer of each eligible city and each eligible  municipality  on  audit
  and  warrant  of the state comptroller out of moneys appropriated by the
  legislature for such purpose to the credit of the local assistance  fund
  in the general fund of the state treasury.