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.
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