§ 1600 Short Title
§ 1601 Statement of Purpose
§ 1602 Definitions
§ 1603 Division of the Lottery
§ 1604 Powers and Duties of the Division
§ 1604-A Posting of Signs to Assist Compulsive Gamblers
§ 1605 Lottery Sales Agents and Other Licenses
§ 1606 Authorization of Lottery Sales Agents
§ 1607 Suspension and Revocation of Licenses
§ 1608 Other Statutes Not Applicable
§ 1609 Lottery Tickets
§ 1610 Sales to Certain Persons Prohibited
§ 1611 Delivery of Funds; Designation of Banks
§ 1612 Disposition of Revenues
§ 1613 Certification of Prize Winners; Payment of Prizes
§ 1613-A Crediting of Lottery Prizes Against Past-Due Support
§ 1613-B Crediting of Lottery Prizes Against Public Assistance Benefits
§ 1613-C Crediting of Lottery Prizes Against Liabilities for Taxes Administered by the Commissioner
§ 1614 Unclaimed and Abandoned Prize Money
§ 1615 Fiscal Year of Lottery, Reporting Requirements and Fiscal Planning
§ 1616 Continuation of Licenses
§ 1617 Joint, Multi-Jurisdiction, and Out-of-State Lottery
§ 1617-A Video Lottery Gaming
§ 1618 Special Drawings
§ 1620 Request for Proposals Required

Terms Used In New York Laws > Tax > Article 34

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appellate: About appeals; an appellate court has the power to review the judgement of another lower court or tribunal.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Commission: means the New York state gaming commission. See N.Y. Tax Law 1602
  • Commissioner: means the commissioner of taxation and finance or his or her duly appointed delegate. See N.Y. Tax Law 1602
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Director: means the director of the division of the lottery, except for purposes of paragraph four of subsection c of section one thousand six hundred thirteen and sections one thousand six hundred fourteen and one thousand six hundred fifteen of this chapter the term "director" shall mean the "commission". See N.Y. Tax Law 1602
  • division: means the "division of gaming" as created pursuant to section one hundred two of the racing, pari-mutuel wagering and breeding law. See N.Y. Tax Law 1602
  • Felony: A crime carrying a penalty of more than a year in prison.
  • Fiduciary: A trustee, executor, or administrator.
  • Fraud: Intentional deception resulting in injury to another.
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lottery: means the lottery operated by the state pursuant to this article. See N.Y. Tax Law 1602
  • Misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Trustee: A person or institution holding and administering property in trust.
  • Video lottery gaming: means any lottery game played on a video lottery terminal that issues electronic tickets, allows multiple players to participate in the same game and determines winners to a material degree upon the element of chance, notwithstanding that the skill of a player may influence such player's chance of winning a game. See N.Y. Tax Law 1602