Assembly Bill A10736

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 - Signed by Governor


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

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2015-A10736 (ACTIVE) - Details

See Senate Version of this Bill:
S8153
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Add Art 14 §§1400 - 1412, amd §104, RWB L

2015-A10736 (ACTIVE) - Summary

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

2015-A10736 (ACTIVE) - Bill Text download pdf

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

                                  10736

                          I N  A S S E M B L Y

                              June 14, 2016
                               ___________

Introduced  by COMMITTEE ON RULES -- (at request of M. of A. Pretlow) --
  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 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
BECAUSE CONTESTANTS HAVE CONTROL OVER WHICH PLAYERS THEY CHOOSE AND  THE
OUTCOME OF EACH CONTEST IS NOT DEPENDENT UPON THE PERFORMANCE OF ANY ONE
PLAYER OR ANY ONE ACTUAL TEAM. THE OUTCOME OF ANY FANTASY SPORTS CONTEST
              

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