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Assembly Bill A10538

2025-2026 Legislative Session

Establishes the proposition betting task force

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Current Bill Status - In Senate Committee Racing, Gaming And Wagering Committee

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2025-A10538 (ACTIVE) - Details

Current Committee:
Senate Racing, Gaming And Wagering
Law Section:
Racing

2025-A10538 (ACTIVE) - Summary

Establishes the proposition betting task force to examine, evaluate and make recommendations concerning proposition betting, with particular consideration of under bets.

2025-A10538 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10538
 
                           I N  A S S E M B L Y
 
                               March 9, 2026
                                ___________
 
 Introduced  by M. of A. BORES -- read once and referred to the Committee
   on Racing and Wagering
 
 AN ACT establishing the proposition betting task  force;  and  providing
   for the repeal of such provisions upon expiration thereof
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. 1. An independent proposition betting task force is  hereby
 created  and  established  to examine, evaluate and make recommendations
 concerning proposition betting, with particular consideration  of  under
 bets.
   2.  For  the  purposes of this act, the following terms shall have the
 following meanings:
   (a) "Proposition bet" means a sports wager made regarding  the  occur-
 rence  or  nonoccurrence  of  a  specific act, statistic, or other event
 during a sports event that is not dependent on the final outcome of such
 sports event; and
   (b) "Under bet" means a sports wager on the individual performance  of
 an  athlete,  including  a  specific  act,  play or event involving such
 athlete, in which the winning outcome is conditioned upon  such  athlete
 achieving  or  being  credited  with  less than a stated number, amount,
 threshold, or other quantitative measure of performance,  including  but
 not  limited  to  points, rebounds, assists, yards, goals, hits, strike-
 outs, saves, or minutes played.
   3. (a) Such task force shall consist of four  directors  appointed  as
 follows:
   (i) two members appointed by the governor;
   (ii)  one  member  appointed by the temporary president of the senate;
 and
   (iii) one member appointed by the speaker of the assembly.
   (b) All appointments to the task force shall be made on or before July
 first, two thousand twenty-six. Any vacancies shall  be  filled  in  the
 same manner as the original appointment.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD15197-01-6
 A. 10538                            2
              

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