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A10515 Summary:

BILL NOA10515
 
SAME ASNo Same As
 
SPONSORStern
 
COSPNSR
 
MLTSPNSR
 
Amd §1017, RWB L
 
Requires an off-track betting corporation that accepts wagers on the simulcasts of thoroughbred races from out-of-state or out-of-country to pay to its regional harness track or tracks an amount equal to three percent of handle generated from the acceptance of such wagers from out-of-state or out-of-country thoroughbred tracks after 7:30 P.M.
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A10515 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          10515
 
                   IN ASSEMBLY
 
                                      March 6, 2026
                                       ___________
 
        Introduced  by M. of A. STERN -- read once and referred to the Committee
          on Racing and Wagering
 
        AN ACT to amend the racing, pari-mutuel wagering and  breeding  law,  in
          relation to off-track betting maintenance of effort payments
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Subdivision 2 of section 1017 of  the  racing,  pari-mutuel
     2  wagering  and  breeding  law,  as  amended by chapter 174 of the laws of
     3  2013, paragraph a as amended by chapter 243 of  the  laws  of  2020,  is
     4  amended to read as follows:
     5    2.  [a. Maintenance of effort.] Any off-track betting corporation that
     6  engages in accepting wagers on the simulcasts of thoroughbred races from
     7  out-of-state or out-of-country as permitted  under  subdivision  one  of
     8  this section shall [submit to the commission, for its approval, a sched-
     9  ule  of  payments  to  be made in any year or portion thereof, that such
    10  off-track corporation engages in nighttime thoroughbred simulcasting. In
    11  order to be approved by the commission, the payment  schedule  shall  be
    12  identical  to  the actual payments and distributions of such payments to
    13  tracks and purses made by such off-track  corporation  pursuant  to  the
    14  provisions  of  section  one thousand fifteen of this article during the
    15  year two thousand  two,  as  derived  from  out-of-state  harness  races
    16  displayed  after 6:00 P.M. If approved by the commission, such scheduled
    17  payments shall be made  from  revenues  derived  from  any  simulcasting
    18  conducted  pursuant  to this section and section one thousand fifteen of
    19  this article.
    20    b. Additional payments. During each calendar year, to the extent,  and
    21  at  such  time  in  the  event, that aggregate statewide wagering handle
    22  after 7:30 P.M. on out-of-state and  out-of-country  thoroughbred  races
    23  exceeds  one hundred million dollars, each off-track betting corporation
    24  conducting such simulcasting shall pay to its regional harness track  or
    25  tracks,  an  amount  equal  to two percent of its proportionate share of
    26  such excess handle. In any region where there are two or  more  regional
    27  harness  tracks,  such two percent shall be divided between or among the
    28  tracks in a proportion equal to the proportion of handle on live harness

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14945-01-6

        A. 10515                            2

     1  races conducted at such tracks during the preceding calendar year. Fifty
     2  percent of the sum received by each track  pursuant  to  this  paragraph
     3  shall  be  used  exclusively for increasing purses, stakes and prizes at
     4  that regional harness track. For the purpose of determining whether such
     5  aggregate  statewide  handle  exceeds  one  hundred million dollars, all
     6  wagering on such thoroughbred races accepted by licensed multi-jurisdic-
     7  tional account wagering providers from customers within New  York  state
     8  shall  be  excluded]  pay  to  its  regional harness track or tracks the
     9  amount equal to three percent of handle generated from the acceptance of
    10  such wagers from  out-of-state  or  out-of-country  thoroughbred  tracks
    11  after 7:30 P.M.
    12    § 2. The act shall take effect immediately.
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