Senate Bill S2618A

2025-2026 Legislative Session

Creates the jockey health insurance reserve fund

download bill text pdf

Sponsored By

Current Bill Status Via A5921 - Passed Senate


  • 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

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Actions
Votes

Bill Amendments

co-Sponsors

2025-S2618 - Details

See Assembly Version of this Bill:
A5921
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd §221-a, RWB L
Versions Introduced in 2023-2024 Legislative Session:
S9222, A10145

2025-S2618 - Summary

Creates the jockey health insurance reserve fund for the payment of premiums not yet paid; provides for the return of funds if such reserve fund becomes no longer necessary.

2025-S2618 - Sponsor Memo

2025-S2618 - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2618
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                             January 21, 2025
                                ___________
 
 Introduced  by  Sen. ADDABBO -- read twice and ordered printed, and when
   printed to be committed to the Committee on Racing, Gaming and  Wager-
   ing
 
 AN  ACT  to  amend the racing, pari-mutuel wagering and breeding law, in
   relation to the creation of the jockey health insurance reserve fund

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subdivision 1 of section 221-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:
   1. A franchised corporation shall, as a condition of racing, establish
 a  program  to  administer the purchase of health insurance for eligible
 jockeys.
   Such program shall be funded through the deposit of one  and  one-half
 percent  of the gross purse enhancement amount from video lottery gaming
 at a thoroughbred track pursuant to paragraph two of subdivision  b  and
 paragraph  one of subdivision f of section sixteen hundred twelve of the
 tax law. The franchised corporation shall establish a segregated account
 for the receipt of these monies and these monies shall  remain  separate
 from  any  other funds. Any corporation or association licensed pursuant
 to this article shall pay into such account any amount  due  within  ten
 days  of  the  receipt  of  revenue  pursuant to section sixteen hundred
 twelve of the tax law. Any portion of such funding to the account unused
 during a calendar year, less an amount sufficient to  cover  anticipated
 premium liabilities over the next sixty days, shall be returned on a pro
 rata  basis  in  accordance  with the amounts originally contributed and
 shall be used for the  purpose  of  enhancing  purses  at  such  tracks.
 Provided,  however, if a corporation or association licensed pursuant to
 this article provides an alternative source of funding for this program,
 an amount equal to this alternative funding, but not in  excess  of  the
 amount  originally  contributed  during  the  year  from the gross purse
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD06894-01-5
              

co-Sponsors

2025-S2618A (ACTIVE) - Details

See Assembly Version of this Bill:
A5921
Law Section:
Racing, Pari-Mutuel Wagering and Breeding Law
Laws Affected:
Amd §221-a, RWB L
Versions Introduced in 2023-2024 Legislative Session:
S9222, A10145

2025-S2618A (ACTIVE) - Summary

Creates the jockey health insurance reserve fund for the payment of premiums not yet paid; provides for the return of funds if such reserve fund becomes no longer necessary.

2025-S2618A (ACTIVE) - Sponsor Memo

2025-S2618A (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  2618--A
     Cal. No. 333
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                             January 21, 2025
                                ___________
 
 Introduced  by  Sens. ADDABBO, MURRAY -- read twice and ordered printed,
   and when printed to be committed to the Committee  on  Racing,  Gaming
   and  Wagering  --  reported  favorably from said committee, ordered to
   first and second report, ordered to a third reading, passed by  Senate
   and  delivered  to the Assembly, recalled, vote reconsidered, restored
   to third reading, amended and ordered reprinted, retaining  its  place
   in the order of third reading
 
 AN  ACT  to  amend the racing, pari-mutuel wagering and breeding law, in
   relation to the creation of the jockey health insurance reserve fund
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subdivision 1 of section 221-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:
   1. A. A franchised corporation shall, as a condition of racing, estab-
 lish a program to administer the purchase of health insurance for eligi-
 ble jockeys.
   Such  program  shall be funded through the deposit of one and one-half
 percent of the gross purse enhancement amount from video lottery  gaming
 at  a  thoroughbred track pursuant to paragraph two of subdivision b and
 paragraph one of subdivision f of section sixteen hundred twelve of  the
 tax law. The franchised corporation shall establish a segregated account
 for  the  receipt of these monies and these monies shall remain separate
 from any other funds. Any corporation or association  licensed  pursuant
 to  this  article  shall pay into such account any amount due within ten
 days of the receipt of  revenue  pursuant  to  section  sixteen  hundred
 twelve of the tax law.
   B. Any portion of such funding to the account, OUTLINED IN PARAGRAPH A
 OF  THIS  SUBDIVISION,  unused  during  a  calendar year, less an amount
 sufficient to cover anticipated premium liabilities over the next  sixty
 days,  shall  be  EITHER  (I) returned on a pro rata basis in accordance
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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