Senate Bill S6793A

2015-2016 Legislative Session

Relates to regulation of interactive fantasy sports

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Rules Committee


  • 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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Bill Amendments

co-Sponsors

2015-S6793 - Details

Current Committee:
Senate Rules
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Add Art 15 §§1500 - 1505, RWB L

2015-S6793 - Summary

Relates to regulation of interactive fantasy sports; requires registration and prohibits certain participants; imposes a 15% tax on gross revenue.

2015-S6793 - Sponsor Memo

2015-S6793 - Bill Text download pdf

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

                                  6793

                            I N  S E N A T E

                            February 23, 2016
                               ___________

Introduced  by  Sen. BONACIC -- read twice and ordered printed, and when
  printed to be committed to the Committee on Racing, Gaming and  Wager-
  ing

AN  ACT  to  amend the racing, pari-mutuel wagering and breeding law and
  the financial services law, in relation to interactive fantasy sports

  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 15 to read as follows:
                               ARTICLE 15
                       INTERACTIVE FANTASY SPORTS
SECTION 1500. LEGISLATIVE FINDINGS AND PURPOSE.
        1501. DEFINITIONS.
        1502. REGISTRATION.
        1503. REQUIRED SAFEGUARDS/MINIMUM STANDARDS.
        1504. SCOPE OF REGISTRATION REVIEW.
        1505. STATE TAX.
  S 1500. LEGISLATIVE FINDINGS AND PURPOSE. THE LEGISLATURE HEREBY FINDS
AND DECLARES THAT:
  1. 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;
  2. INTERACTIVE FANTASY SPORTS IN MANY INSTANCES HAVE BEEN DEFINED AS A
GAME OF SKILL AND WERE EXEMPTED FROM THE DEFINITION OF UNLAWFUL INTERNET
GAMBLING UNDER THE UNLAWFUL INTERNET GAMBLING ENFORCEMENT  ACT  OF  2006
(31 U.S.C. S 5362);
  3.  INTERACTIVE FANTASY SPORTS CONSIST OF FANTASY OR SIMULATION SPORTS
GAMES OR EDUCATIONAL GAMES OR CONTESTS IN WHICH  THE  FANTASY  OR  SIMU-
LATION  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.
AS GAMES OF SKILL, INTERACTIVE FANTASY SPORTS CONTESTS DO NOT FALL UNDER
THE DEFINITION OF GAMBLING AS PROHIBITED BY THE PENAL LAW; AND
  4.  THE  LEGISLATURE  FURTHER FINDS THAT AS THE INTERNET HAS BECOME AN
INTEGRAL PART OF SOCIETY, AND INTERACTIVE FANTASY SPORTS A MAJOR FORM OF
              

co-Sponsors

2015-S6793A (ACTIVE) - Details

Current Committee:
Senate Rules
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Add Art 15 §§1500 - 1505, RWB L

2015-S6793A (ACTIVE) - Summary

Relates to regulation of interactive fantasy sports; requires registration and prohibits certain participants; imposes a 15% tax on gross revenue.

2015-S6793A (ACTIVE) - Sponsor Memo

2015-S6793A (ACTIVE) - Bill Text download pdf

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

                                 6793--A

                            I N  S E N A T E

                            February 23, 2016
                               ___________

Introduced  by  Sens.  BONACIC,  AVELLA,  RANZENHOFER  -- read twice and
  ordered printed, and when printed to be committed to the Committee  on
  Racing,  Gaming  and  Wagering  -- committee discharged, bill amended,
  ordered reprinted as amended and recommitted to said committee

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

  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 15 to read as follows:
                               ARTICLE 15
                       INTERACTIVE FANTASY SPORTS
SECTION 1500. LEGISLATIVE FINDINGS AND PURPOSE.
        1501. DEFINITIONS.
        1502. REGISTRATION.
        1503. REQUIRED SAFEGUARDS/MINIMUM STANDARDS.
        1504. SCOPE OF REGISTRATION REVIEW.
        1505. STATE TAX.
  S 1500. LEGISLATIVE FINDINGS AND PURPOSE. THE LEGISLATURE HEREBY FINDS
AND DECLARES THAT:
  1.  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;
  2. INTERACTIVE FANTASY SPORTS IN MANY INSTANCES HAVE BEEN DEFINED AS A
GAME OF SKILL AND WERE EXEMPTED FROM THE DEFINITION OF UNLAWFUL INTERNET
GAMBLING  UNDER  THE  UNLAWFUL INTERNET GAMBLING ENFORCEMENT ACT OF 2006
(31 U.S.C. S 5362);
  3. INTERACTIVE FANTASY SPORTS CONSIST OF FANTASY OR SIMULATION  SPORTS
GAMES  OR  EDUCATIONAL  GAMES  OR CONTESTS IN WHICH THE FANTASY OR SIMU-
LATION 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.

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

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