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Assembly Bill A2750

2009-2010 Legislative Session

Establishes antitrust exemptions for certain horse racing agreements

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Archive: Last Bill Status - On Floor Calendar

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2009-A2750 (ACTIVE) - Details

See Senate Version of this Bill:
S6197
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Add ยง113, RWB L
Versions Introduced in 2011-2012 Legislative Session:
A3705, S623

2009-A2750 (ACTIVE) - Summary

Provides that antitrust laws shall not apply to any joint agreement entered into, in consultation with and approved by the state racing and wagering board, by or among non-profit associations, thoroughbred racing associations or corporations, harness racing associations or corporations, quarter horse racing associations or corporations and regional off-track betting corporations to coordinate the dates and times under which they will conduct programs of racing and offer pari-mutuel wagering; also provides that such laws shall not apply to agreements entered into to sell, transfer, assign or purchase the rights to broadcast, simulcast, electronically transmit or offer pari-mutuel wagering on horse races.

2009-A2750 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  2750

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            January 21, 2009
                               ___________

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 antitrust exemptions for horse racing agreements

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The  racing,  pari-mutuel  wagering  and  breeding  law  is
amended by adding a new section 113 to read as follows:
  S  113.  ANTITRUST  EXEMPTIONS. STATE AND FEDERAL ANTITRUST LAWS SHALL
NOT APPLY TO ANY JOINT AGREEMENT ENTERED INTO, IN CONSULTATION WITH  AND
APPROVED  BY THE STATE RACING AND WAGERING BOARD, BY OR AMONG NON-PROFIT
RACING ASSOCIATIONS, THOROUGHBRED RACING ASSOCIATIONS  OR  CORPORATIONS,
HARNESS  RACING ASSOCIATIONS OR CORPORATIONS, QUARTER HORSE RACING ASSO-
CIATIONS OR CORPORATIONS, AND REGIONAL OFF-TRACK BETTING CORPORATIONS TO
COORDINATE THE DATES AND TIMES UNDER WHICH THEY WILL CONDUCT PROGRAMS OF
RACING AND OFFER PARI-MUTUEL WAGERING. IN ADDITION, SUCH ANTITRUST  LAWS
SHALL  NOT  APPLY TO JOINT AGREEMENTS ENTERED INTO, IN CONSULTATION WITH
AND APPROVED BY THE  STATE  RACING  AND  WAGERING  BOARD,  BY  OR  AMONG
NON-PROFIT  RACING  ASSOCIATIONS,  THOROUGHBRED  RACING  ASSOCIATIONS OR
CORPORATIONS, HARNESS RACING ASSOCIATIONS OR CORPORATIONS, QUARTER HORSE
RACING ASSOCIATIONS OR  CORPORATIONS,  AND  REGIONAL  OFF-TRACK  BETTING
CORPORATIONS TO SELL, TRANSFER, ASSIGN, OR PURCHASE THE RIGHTS TO BROAD-
CAST,  SIMULCAST, ELECTRONICALLY TRANSMIT, OR OFFER PARI-MUTUEL WAGERING
ON HORSE RACES.  THE STATE RACING AND WAGERING BOARD SHALL CONSIDER  AND
APPROVE  SUCH  AGREEMENTS  AND  THE TERMS THEREIN TO FURTHER THE STATE'S
INTEREST IN ENSURING THE VIABILITY AND CONTINUED EXISTENCE IN THIS STATE
OF THE HORSE RACING AND AGRICULTURE INDUSTRIES.
  S 2. This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD05160-01-9

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