A09392 Summary:

BILL NOA09392
 
SAME ASSAME AS S07125
 
SPONSORPretlow
 
COSPNSR
 
MLTSPNSR
 
Amd S251, RWB L
 
Relates to the definition of "stallion" for the purposes of the NYS thoroughbred breeding and development fund.
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A09392 Actions:

BILL NOA09392
 
02/24/2012referred to racing and wagering
04/18/2012reported
04/19/2012advanced to third reading cal.467
04/25/2012passed assembly
04/25/2012delivered to senate
04/25/2012REFERRED TO RACING, GAMING AND WAGERING
06/21/2012SUBSTITUTED FOR S7125
06/21/20123RD READING CAL.1503
06/21/2012PASSED SENATE
06/21/2012RETURNED TO ASSEMBLY
07/20/2012delivered to governor
08/01/2012signed chap.288
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A09392 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A9392
 
SPONSOR: Pretlow
  TITLE OF BILL: An act to amend the racing, pari-mutuel wagering and breeding law, in relation to the definition of stallion for purposes of the New York state thoroughbred breeding and development fund   PURPOSE: To amend §§ 251 and 254 of the Racing, Pari-Mutuel Wagering and Breeding Law("Racing Law") to amend the definition of "New York stallion" for purposes of the New York State Thoroughbred Breeding and Development Fund("Fund").   SUMMARY OF PROVISIONS: Section 1 amends the Racing Law definition of a "New York stallion" in relation to the minimum term of lease requirement for a leased stallion. Existing Law: The definition of "New York stal- lion" requires that a stallion be leased for at least two years.   JUSTIFICATION: The existing two year minimum lease requirement for a leased stallion presents disincentive to breeding in New York State. Reduction of the minimum lease period to one year is expected to increase the number and quality of stallions standing in New York, which will inure to the benefit of New York agriculture, horse breeding, and horse racing.   LEGISLATIVE HISTORY: New Legislation.   FISCAL IMPLICATIONS: None noted.   EFFECTIVE DATE: Immediately.
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A09392 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          9392
 
                   IN ASSEMBLY
 
                                    February 24, 2012
                                       ___________
 
        Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
          tee on Racing and Wagering
 
        AN ACT to amend the racing, pari-mutuel wagering and  breeding  law,  in
          relation  to  the  definition of stallion for purposes of the New York
          state thoroughbred breeding and development fund
 
          The People of the State of New York, represented in Senate and  Assem-

        bly, do enact as follows:
 
     1    Section  1.  Subdivision  5  of section 251 of the racing, pari-mutuel
     2  wagering and breeding law, as amended by chapter 18 of the laws of 2008,
     3  is amended to read as follows:
     4    5. "New York stallion." A stallion standing in New York at the time he
     5  was bred to the dam of a New York-bred; a stallion  must  be  registered
     6  with  the  fund or its designated agent and must be (i) owned by a resi-
     7  dent of this state and standing the entire stud season in this state; or
     8  (ii) owned by a resident of another state but standing the  entire  stud
     9  season  in  this state and leased by a resident of this state for a term
    10  of not less than [two years] one year; or (iii) owned jointly by a resi-
    11  dent of this state together with a resident of another state and  stand-

    12  ing  the  entire  stud  season in this state and leased by a resident of
    13  this state for a term of not less than  [two  years]  one  year.  Leases
    14  shall be filed with the fund or its designated agent.
    15    § 2. This act shall take effect immediately.
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14743-01-2
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