S T A T E O F N E W Y O R K
________________________________________________________________________
7318
2021-2022 Regular Sessions
I N A S S E M B L Y
May 5, 2021
___________
Introduced by M. of A. HYNDMAN -- read once and referred to the Commit-
tee on Racing and Wagering
AN ACT to amend the tax law, in relation to permitting a potential
lottery winner who lost their ticket to claim the winning amount
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The section heading of section 1614 of the tax law, as
amended by chapter 166 of the laws of 1991, is amended to read as
follows:
Unclaimed and abandoned prize money; LOST LOTTERY TICKET CLAIMS.
§ 2. The opening paragraph of subdivision a of section 1614 of the tax
law, as amended by section 3 of subpart D of part DD of chapter 59 of
the laws of 2019, is amended and a new subdivision c is added to read as
follows:
No prize claim shall be valid if submitted to the commission following
the expiration of a one-year time period from the date of the drawing or
from the close of the game in which a prize was won, and the person
otherwise entitled to such prize shall forfeit any claim or entitlement
to such prize moneys, UNLESS SUCH PRIZE CLAIM IS SUBMITTED PURSUANT TO
SUBDIVISION C OF THIS SECTION. Unclaimed prize money, plus interest
earned thereon, shall be retained in the lottery prize account to be
used for payment of special lotto or supplemental lotto prizes offered
pursuant to the plan or plans specified in this article, or for promo-
tional purposes to supplement other games on an occasional basis not to
exceed sixteen weeks within any twelve month period pursuant to the plan
or plans specified in this article.
C. NOTWITHSTANDING SUBDIVISION A OF THIS SECTION, A PRIZE CLAIM FOR A
PERSON WHO LOST HIS OR HER TICKET SHALL BE VALID IF SUBMITTED TO THE
COMMISSION WITH DOCUMENTARY PROOF OF PURCHASE OF SUCH WINNING TICKET
WITHIN FIVE YEARS FROM THE DATE OF THE DRAWING OR FROM THE CLOSE OF THE
GAME IN WHICH A PRIZE WAS WON. UPON A SHOWING OF SUCH PROOF, THE COMMIS-
SION SHALL PROMPTLY MAKE PAYMENT OF THE PRIZE CLAIM TO SUCH PERSON.
§ 3. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD08881-01-1