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Assembly Bill A11106

2025-2026 Legislative Session

Relates to licensing requirements for non-managing owners of standardbred horses

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Current Bill Status - In Assembly Committee

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2025-A11106 (ACTIVE) - Details

Current Committee:
Assembly Racing And Wagering
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd §303-a, RWB L

2025-A11106 (ACTIVE) - Summary

Removes restrictions on the number of non-managing owners of a race horse; specifies in cases of multiple ownership only persons having a five percent or more ownership interest in such general or limited partnerships shall be required to be licensed as an owner.

2025-A11106 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   11106
 
                           I N  A S S E M B L Y
 
                              April 24, 2026
                                ___________
 
 Introduced  by M. of A. WOERNER -- 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  licensing  requirements for non-managing owners of stan-
   dardbred horses
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Subdivision (b) of section 303-a of the racing, pari-mutuel
 wagering  and  breeding  law,  as  amended by chapter 243 of the laws of
 2020, is amended to read as follows:
   (b) Non-managing owners. There shall be no restriction on  the  number
 of  non-managing  owners  of a race horse [except that no horse shall be
 entered or started that is owned by thirty-five or fewer  owners  unless
 all such owners are licensed; in the event that a horse is owned by more
 than  thirty-five  owners, only those individuals having a three percent
 or greater property interest in such  horse  shall  be  required  to  be
 licensed  as  an owner]. IN THE CASE OF MULTIPLE OWNERSHIP, ONLY PERSONS
 HAVING A FIVE PERCENT OR MORE OWNERSHIP  INTEREST  IN  SUCH  GENERAL  OR
 LIMITED PARTNERSHIPS SHALL BE REQUIRED TO BE LICENSED AS AN OWNER.
   § 2. This act shall take effect immediately.
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD15638-01-6

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