senate Bill S8153

Signed By Governor
2015-2016 Legislative Session

Relates to the registration and regulation of interactive fantasy sports contests

download bill text pdf

Sponsored By

Archive: Last Bill Status Via A10736 -


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed by Governor

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Actions

view actions (9)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Aug 03, 2016 signed chap.237
Aug 02, 2016 delivered to governor
Jun 17, 2016 returned to assembly
passed senate
3rd reading cal.2014
substituted for s8153
Jun 17, 2016 substituted by a10736
ordered to third reading cal.2014
Jun 14, 2016 referred to rules

S8153 - Details

See Assembly Version of this Bill:
A10736
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Add Art 14 §§1400 - 1412, amd §104, RWB L
Versions Introduced in 2015-2016 Legislative Session:
A10736

S8153 - Summary

Relates to the registration and regulation of interactive fantasy sports contests.

S8153 - Sponsor Memo

S8153 - Bill Text download pdf

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

                                  8153

                            I N  S E N A T E

                              June 14, 2016
                               ___________

Introduced  by  Sen. BONACIC -- read twice and ordered printed, and when
  printed to be committed to the Committee on Rules

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.
        1408. ADDITIONAL REGULATORY COSTS.
        1409. DISPOSITION OF TAXES.
        1410. DETERMINATION OF TAX LIABILITY.
        1411. CONTESTS AUTHORIZED.
        1412. CONTESTS PROHIBITED.
  S 1400. LEGISLATIVE FINDINGS AND PURPOSE. 1.  THE  LEGISLATURE  HEREBY
FINDS AND DECLARES THAT:
  (A)  INTERACTIVE  FANTASY  SPORTS ARE NOT GAMES OF CHANCE BECAUSE THEY
CONSIST OF FANTASY OR SIMULATION SPORTS GAMES OR CONTESTS IN  WHICH  THE
FANTASY OR SIMULATION SPORTS TEAMS ARE SELECTED BASED UPON THE SKILL AND
KNOWLEDGE OF THE PARTICIPANTS AND NOT BASED ON THE CURRENT MEMBERSHIP OF
AN  ACTUAL  TEAM  THAT  IS A MEMBER OF AN AMATEUR OR PROFESSIONAL SPORTS
ORGANIZATION;
  (B) INTERACTIVE FANTASY SPORTS  CONTESTS  ARE  NOT  WAGERS  ON  FUTURE
CONTINGENT  EVENTS  NOT  UNDER  THE  CONTESTANTS'  CONTROL  OR INFLUENCE

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

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