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Assembly Bill A10473A

2015-2016 Legislative Session

Relates to the registration and regulation of interactive fantasy sports contests

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Archive: Last Bill Status - In Assembly Committee

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Bill Amendments

co-Sponsors

multi-Sponsors

2015-A10473 - Details

See Senate Version of this Bill:
S8128
Current Committee:
Assembly Ways And Means
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Add Art 14 §§1400 - 1407, amd §104, RWB L

2015-A10473 - Summary

Relates to the registration and regulation of interactive fantasy sports contests; requires all operators to register in New York state.

2015-A10473 - Bill Text download pdf

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

                                  10473

                          I N  A S S E M B L Y

                              May 27, 2016
                               ___________

Introduced  by M. of A. PRETLOW, DINOWITZ -- Multi-Sponsored by -- M. of
  A. COOK, GJONAJ, MURRAY, ORTIZ  --  read  once  and  referred  to  the
  Committee on Racing and Wagering

AN  ACT  to  amend the racing, pari-mutuel wagering and breeding law, in
  relation to the registration and  regulation  of  interactive  fantasy
  sports contests

  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 article 14 to read as follows:
                               ARTICLE 14
                       INTERACTIVE FANTASY SPORTS
SECTION 1401. DEFINITIONS.
        1402. REGISTRATION.
        1403. SCOPE OF REGISTRATION REVIEW.
        1404. REQUIRED SAFEGUARDS, MINIMUM STANDARDS.
        1405. POWERS AND DUTIES OF THE COMMISSION.
        1406. ANNUAL REPORT.
        1407. STATE TAX.
S  1401. DEFINITIONS. AS USED IN THIS ARTICLE, THE FOLLOWING TERMS SHALL
HAVE THE FOLLOWING MEANINGS:
  1. "AUTHORIZED PLAYER" SHALL MEAN AN INDIVIDUAL LOCATED  IN  NEW  YORK
STATE THAT PARTICIPATES IN AN INTERACTIVE FANTASY SPORTS CONTEST OFFERED
BY A REGISTRANT.
  2. "COLLEGIATE SPORT OR ATHLETIC EVENT" SHALL MEAN A SPORT OR ATHLETIC
EVENT  OFFERED  OR SPONSORED BY OR PLAYED IN CONNECTION WITH A PUBLIC OR
PRIVATE INSTITUTION THAT OFFERS EDUCATION SERVICES BEYOND THE  SECONDARY
LEVEL.
  3. "COMMISSION" SHALL MEAN THE NEW YORK STATE GAMING COMMISSION.
  4.  "ENTRY  FEE" SHALL MEAN CASH OR CASH EQUIVALENT THAT IS PAID BY AN
AUTHORIZED PLAYER TO AN OPERATOR OR  REGISTRANT  TO  PARTICIPATE  IN  AN
INTERACTIVE  FANTASY  SPORTS  CONTEST OFFERED BY SUCH OPERATOR OR REGIS-
TRANT.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15598-02-6
              

co-Sponsors

multi-Sponsors

2015-A10473A (ACTIVE) - Details

See Senate Version of this Bill:
S8128
Current Committee:
Assembly Ways And Means
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Add Art 14 §§1400 - 1407, amd §104, RWB L

2015-A10473A (ACTIVE) - Summary

Relates to the registration and regulation of interactive fantasy sports contests; requires all operators to register in New York state.

2015-A10473A (ACTIVE) - Bill Text download pdf

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

                                10473--A

                          I N  A S S E M B L Y

                              May 27, 2016
                               ___________

Introduced by M. of A. PRETLOW, DINOWITZ, ZEBROWSKI, CERETTO, MONTESANO,
  CROUCH  --  Multi-Sponsored  by  -- M. of A. BRAUNSTEIN, COOK, GJONAJ,
  LAWRENCE, MURRAY, ORTIZ -- read once and referred to the Committee  on
  Racing and Wagering -- reported and referred to the Committee on Codes
  -- reported and referred to the Committee on Ways and Means -- commit-
  tee  discharged, bill amended, ordered reprinted as amended and recom-
  mitted to said committee

AN ACT to amend the racing, pari-mutuel wagering and  breeding  law,  in
  relation  to  the  registration  and regulation of interactive fantasy
  sports contests

  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 article 14 to read as follows:
                               ARTICLE 14
                       INTERACTIVE FANTASY SPORTS
SECTION 1400. LEGISLATIVE FINDINGS AND PURPOSE.
        1401. DEFINITIONS.
        1402. REGISTRATION.
        1403. SCOPE OF REGISTRATION REVIEW.
        1404. REQUIRED SAFEGUARDS, MINIMUM STANDARDS.
        1405. POWERS AND DUTIES OF THE COMMISSION.
        1406. ANNUAL REPORT.
        1407. STATE TAX.
  S 1400. LEGISLATIVE FINDINGS AND PURPOSE. 1.  THE  LEGISLATURE  HEREBY
FINDS AND DECLARES THAT:
  (A)  UNDER THE NEW YORK PENAL LAW A PERSON ENGAGES IN GAMBLING WHEN HE
OR SHE STAKES OR RISKS SOMETHING OF VALUE UPON THE OUTCOME OF A  CONTEST
OF  CHANCE  OR A FUTURE CONTINGENT EVENT NOT UNDER HIS OR HER CONTROL OR
INFLUENCE, UPON AN AGREEMENT  OR  UNDERSTANDING  THAT  HE  OR  SHE  WILL
RECEIVE SOMETHING OF VALUE IN THE EVENT OF A CERTAIN OUTCOME;
  (B)  INTERACTIVE FANTASY SPORTS IN MANY INSTANCES HAVE BEEN DEFINED AS
A GAME OF SKILL AND WERE EXEMPTED FROM THE DEFINITION OF UNLAWFUL INTER-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15598-05-6
              

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