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Assembly Bill A10515

2025-2026 Legislative Session

Relates to off-track betting maintenance of effort payment requirements

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Current Bill Status - In Assembly Committee

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2025-A10515 (ACTIVE) - Details

See Senate Version of this Bill:
S9600
Current Committee:
Assembly Racing And Wagering
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd §1017, RWB L

2025-A10515 (ACTIVE) - Summary

Requires an off-track betting corporation that accepts wagers on the simulcasts of thoroughbred races from out-of-state or out-of-country to pay to its regional harness track or tracks an amount equal to three percent of handle generated from the acceptance of such wagers from out-of-state or out-of-country thoroughbred tracks after 7:30 P.M.

2025-A10515 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10515
 
                           I N  A S S E M B L Y
 
                               March 6, 2026
                                ___________
 
 Introduced  by M. of A. STERN -- 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 off-track betting maintenance of effort payments
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Subdivision 2 of section 1017 of  the  racing,  pari-mutuel
 wagering  and  breeding  law,  as  amended by chapter 174 of the laws of
 2013, paragraph a as amended by chapter 243 of  the  laws  of  2020,  is
 amended to read as follows:
   2.  [a. Maintenance of effort.] Any off-track betting corporation that
 engages in accepting wagers on the simulcasts of thoroughbred races from
 out-of-state or out-of-country as permitted  under  subdivision  one  of
 this section shall [submit to the commission, for its approval, a sched-
 ule  of  payments  to  be made in any year or portion thereof, that such
 off-track corporation engages in nighttime thoroughbred simulcasting. In
 order to be approved by the commission, the payment  schedule  shall  be
 identical  to  the actual payments and distributions of such payments to
 tracks and purses made by such off-track  corporation  pursuant  to  the
 provisions  of  section  one thousand fifteen of this article during the
 year two thousand  two,  as  derived  from  out-of-state  harness  races
 displayed  after 6:00 P.M. If approved by the commission, such scheduled
 payments shall be made  from  revenues  derived  from  any  simulcasting
 conducted  pursuant  to this section and section one thousand fifteen of
 this article.
   b. Additional payments. During each calendar year, to the extent,  and
 at  such  time  in  the  event, that aggregate statewide wagering handle
 after 7:30 P.M. on out-of-state and  out-of-country  thoroughbred  races
 exceeds  one hundred million dollars, each off-track betting corporation
 conducting such simulcasting shall pay to its regional harness track  or
 tracks,  an  amount  equal  to two percent of its proportionate share of
 such excess handle. In any region where there are two or  more  regional
 harness  tracks,  such two percent shall be divided between or among the
 tracks in a proportion equal to the proportion of handle on live harness

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

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