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S06969 Summary:

BILL NOS06969
 
SAME ASNo Same As
 
SPONSORADDABBO
 
COSPNSR
 
MLTSPNSR
 
Add §912, RWB L
 
Authorizes the operation of historical horse racing; provides for the payment distribution of all pari-mutuel handle derived from historical horse racing.
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S06969 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          6969
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                     March 27, 2025
                                       ___________
 
        Introduced  by  Sen. ADDABBO -- read twice and ordered printed, and when
          printed to be committed to the Committee on Racing, Gaming and  Wager-
          ing
 
        AN  ACT  to  amend the racing, pari-mutuel wagering and breeding law, in
          relation to operating historical horse racing products

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  The  racing,  pari-mutuel  wagering  and  breeding law is
     2  amended by adding a new section 912 to read as follows:
     3    § 912. Historical horse racing.  Notwithstanding any  other  provision
     4  of  law  to the contrary, a franchise corporation, a thoroughbred racing
     5  corporation, a harness racing corporation  or  association,  a  regional
     6  off-track  betting  corporation  or  a  combination thereof, may operate
     7  historical horse racing in a manner prescribed by  the  commission.  All
     8  pari-mutuel handle derived from historical horse racing shall be subject
     9  to the provisions and payment distributions set forth in this chapter.
    10    §  2. This act shall take effect on the first of April next succeeding
    11  the fiscal year in which it shall have become a law.
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11213-01-5
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