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Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
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|---|---|
| Sep 09, 2022 |
print number 7840a |
| Sep 09, 2022 |
amend (t) and recommit to racing and wagering |
| Jan 05, 2022 |
referred to racing and wagering |
| May 27, 2021 |
referred to racing and wagering |
Assembly Bill A7840A
2021-2022 Legislative Session
Sponsored By
PRETLOW
Archive: Last Bill Status - In Assembly 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
Actions
Bill Amendments
2021-A7840 - Details
2021-A7840 - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
7840
2021-2022 Regular Sessions
I N A S S E M B L Y
May 27, 2021
___________
Introduced by M. of A. PRETLOW -- read once and referred to the Commit-
tee on Racing and Wagering
AN ACT to amend the racing, pari-mutuel wagering and breeding law, in
relation to handicapping tournaments for multi-jurisdictional account
wagering providers
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 906 of the racing, pari-mutuel wagering and breed-
ing law, as added by chapter 2 of the laws of 1995, and as renumbered
and subdivision 1 as amended by chapter 18 of the laws of 2008, and
paragraph (b) of subdivision 2 as amended by chapter 243 of the laws of
2020, is amended to read as follows:
§ 906. Handicapping tournaments. 1. Notwithstanding any other
provision of law, a thoroughbred racing corporation, a harness racing
corporation or association, a regional off-track betting corporation or
a combination thereof, A MULTI-JURISDICTIONAL ACCOUNT WAGERING PROVIDER
OR A PARTY THAT CONTRACTS WITH ANY OF THE FOREGOING, may operate a
handicapping tournament at which the participants may be charged an
entry fee if the tournament is conducted in accordance with the
provisions of this section.
2. (a) The operator of a handicapping tournament shall distribute NO
LESS THAN EIGHTY PERCENT OF all of the entry fees as prizes to the
winners of the tournament. Nothing herein shall preclude an operator
from providing additional prizes or promotions.
(b) The commission shall approve the rules and the payment of prizes
of a handicapping tournament. No operator of a handicapping tournament
may accept an entry fee for a tournament until the commission has
approved the rules and the payment of prizes of a handicapping tourna-
ment.
(c) The horse races which are the subject of the tournament must be
races on which the operator of the tournament is authorized to conduct
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
2021-A7840A (ACTIVE) - Details
2021-A7840A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
7840--A
2021-2022 Regular Sessions
I N A S S E M B L Y
May 27, 2021
___________
Introduced by M. of A. PRETLOW -- read once and referred to the Commit-
tee on Racing and Wagering -- recommitted to the Committee on Racing
and Wagering in accordance with Assembly Rule 3, sec. 2 -- 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 handicapping tournaments
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 906 of the racing, pari-mutuel wagering and breed-
ing law, as added by chapter 2 of the laws of 1995, and as renumbered
and subdivision 1 as amended by chapter 18 of the laws of 2008, and
paragraph (b) of subdivision 2 as amended by chapter 243 of the laws of
2020, is amended to read as follows:
§ 906. Handicapping tournaments. 1. Notwithstanding any other
provision of law, a thoroughbred racing corporation, INCLUDING A FRAN-
CHISE CORPORATION, a harness racing corporation or association, a
regional off-track betting corporation or a combination thereof, OR A
PARTY THAT CONTRACTS WITH ANY OF THE FOREGOING, may operate a handicap-
ping tournament at which the participants may be charged an entry fee if
the tournament is conducted in accordance with the provisions of this
section.
2. (a) The operator of a handicapping tournament shall distribute NO
LESS THAN EIGHTY PERCENT OF all of the entry fees as prizes to the
winners of the tournament. Nothing herein shall preclude an operator
from providing additional prizes or promotions.
(b) The commission shall approve the rules and the payment of prizes
of a handicapping tournament. No operator of a handicapping tournament
may accept an entry fee for a tournament until the commission has
approved the rules and the payment of prizes of a handicapping tourna-
ment.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11686-02-2
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