NY A03611 | 2023-2024 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 3 2023 - 25% progression
Action: 2024-01-03 - referred to racing and wagering
Pending: Assembly Racing and Wagering Committee
Text: Latest bill text (Amended) [HTML]
Status: Introduced on February 3 2023 - 25% progression
Action: 2024-01-03 - referred to racing and wagering
Pending: Assembly Racing and Wagering Committee
Text: Latest bill text (Amended) [HTML]
Summary
Specifies who can operate a handicapping tournament; requires handicapping tournament operators to distribute no less than eighty percent of entry fees as prizes to the winners of a handicapping tournament; requires that five percent of the portion of the gross revenue collected by an operator on handicapping tournament entry fees from New York participants that is not distributed as prizes to the winners of a tournament be distributed quarterly by such operator to the horsemen's organization for welfare and medical plans for regularly employed backstretch employees.
Title
Specifies who can operate a handicapping tournament; requires handicapping tournament operators to distribute no less than eighty percent of entry fees as prizes to the winners of a handicapping tournament; requires that five percent of the portion of the gross revenue collected by an operator on handicapping tournament entry fees from New York participants that is not distributed as prizes to the winners of a tournament be distributed quarterly by such operator to the horsemen's organization for welfare and medical plans for regularly employed backstretch employees.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-03 | Assembly | referred to racing and wagering |
| 2023-05-25 | Assembly | print number 3611a |
| 2023-05-25 | Assembly | amend and recommit to racing and wagering |
| 2023-02-03 | Assembly | referred to racing and wagering |
Same As/Similar To
S01957 (Same As) 2024-05-14 - REPORTED AND COMMITTED TO FINANCE
