NY A03611 | 2023-2024 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 3 2023 - 25% progression
Action: 2024-01-03 - referred to racing and wagering
Pending: Assembly Racing and Wagering Committee
Text: Latest bill text (Amended) [HTML]

Summary

Specifies who can operate a handicapping tournament; requires handicapping tournament operators to distribute no less than eighty percent of entry fees as prizes to the winners of a handicapping tournament; requires that five percent of the portion of the gross revenue collected by an operator on handicapping tournament entry fees from New York participants that is not distributed as prizes to the winners of a tournament be distributed quarterly by such operator to the horsemen's organization for welfare and medical plans for regularly employed backstretch employees.

Tracking Information

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Title

Specifies who can operate a handicapping tournament; requires handicapping tournament operators to distribute no less than eighty percent of entry fees as prizes to the winners of a handicapping tournament; requires that five percent of the portion of the gross revenue collected by an operator on handicapping tournament entry fees from New York participants that is not distributed as prizes to the winners of a tournament be distributed quarterly by such operator to the horsemen's organization for welfare and medical plans for regularly employed backstretch employees.

Sponsors


History

DateChamberAction
2024-01-03Assemblyreferred to racing and wagering
2023-05-25Assemblyprint number 3611a
2023-05-25Assemblyamend and recommit to racing and wagering
2023-02-03Assemblyreferred to racing and wagering

Same As/Similar To

S01957 (Same As) 2024-01-03 - REFERRED TO RACING, GAMING AND WAGERING

New York State Sources


Bill Comments

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