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Assembly Bill A11432

2025-2026 Legislative Session

Relates to operating historical horse racing products

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Current Bill Status - In Assembly Committee

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2025-A11432 (ACTIVE) - Details

See Senate Version of this Bill:
S6969
Current Committee:
Assembly Racing And Wagering
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Add §912, RWB L

2025-A11432 (ACTIVE) - Summary

Authorizes the operation of historical horse racing; provides for the payment distribution of all pari-mutuel handle derived from historical horse racing.

2025-A11432 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   11432
 
                           I N  A S S E M B L Y
 
                               May 15, 2026
                                ___________
 
 Introduced  by COMMITTEE ON RULES -- (at request of M. of A. Solages) --
   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 operating historical horse racing products
 
   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 section 912 to read as follows:
   §  912.  HISTORICAL HORSE RACING.  NOTWITHSTANDING ANY OTHER PROVISION
 OF LAW TO THE CONTRARY, A FRANCHISE CORPORATION, A  THOROUGHBRED  RACING
 CORPORATION,  A  HARNESS  RACING  CORPORATION OR ASSOCIATION, A REGIONAL
 OFF-TRACK BETTING CORPORATION OR  A  COMBINATION  THEREOF,  MAY  OPERATE
 HISTORICAL  HORSE  RACING  IN A MANNER PRESCRIBED BY THE COMMISSION. ALL
 PARI-MUTUEL HANDLE DERIVED FROM HISTORICAL HORSE RACING SHALL BE SUBJECT
 TO THE PROVISIONS AND PAYMENT DISTRIBUTIONS SET FORTH IN THIS CHAPTER.
   § 2. This act shall take effect on the first of April next  succeeding
 the fiscal year in which it shall have become a law.
 
 
 
 
 

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11213-01-5

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