Bill Text: NY S00623 | 2009-2010 | General Assembly | Introduced

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Bill Title: Provides that antitrust laws shall not apply to any joint agreement entered into, in consultation with and approved by the state racing and wagering board, by or among non-profit associations, thoroughbred racing associations or corporations, harness racing associations or corporations, quarter horse racing associations or corporations and regional off-track betting corporations to coordinate the dates and times under which they will conduct programs of racing and offer pari-mutuel wagering; also provides that such laws shall not apply to agreements entered into to sell, transfer, assign or purchase the rights to broadcast, simulcast, electronically transmit or offer pari-mutuel wagering on horse races.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2011-01-05 - REFERRED TO RACING, GAMING AND WAGERING [S00623 Detail]

Download: New_York-2009-S00623-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                          623
                              2011-2012 Regular Sessions
                                   I N  S E N A T E
                                      (PREFILED)
                                    January 5, 2011
                                      ___________
       Introduced  by  Sen.  KLEIN  -- 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 antitrust exemptions for horse racing agreements
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  The  racing,  pari-mutuel  wagering  and  breeding law is
    2  amended by adding a new section 113 to read as follows:
    3    S 113. ANTITRUST EXEMPTIONS. STATE AND FEDERAL  ANTITRUST  LAWS  SHALL
    4  NOT  APPLY TO ANY JOINT AGREEMENT ENTERED INTO, IN CONSULTATION WITH AND
    5  APPROVED BY THE STATE RACING AND WAGERING BOARD, BY OR AMONG  NON-PROFIT
    6  RACING  ASSOCIATIONS,  THOROUGHBRED RACING ASSOCIATIONS OR CORPORATIONS,
    7  HARNESS RACING ASSOCIATIONS OR CORPORATIONS, QUARTER HORSE RACING  ASSO-
    8  CIATIONS OR CORPORATIONS, AND REGIONAL OFF-TRACK BETTING CORPORATIONS TO
    9  COORDINATE THE DATES AND TIMES UNDER WHICH THEY WILL CONDUCT PROGRAMS OF
   10  RACING  AND OFFER PARI-MUTUEL WAGERING. IN ADDITION, SUCH ANTITRUST LAWS
   11  SHALL NOT APPLY TO JOINT AGREEMENTS ENTERED INTO, IN  CONSULTATION  WITH
   12  AND  APPROVED  BY  THE  STATE  RACING  AND  WAGERING  BOARD, BY OR AMONG
   13  NON-PROFIT RACING  ASSOCIATIONS,  THOROUGHBRED  RACING  ASSOCIATIONS  OR
   14  CORPORATIONS, HARNESS RACING ASSOCIATIONS OR CORPORATIONS, QUARTER HORSE
   15  RACING  ASSOCIATIONS  OR  CORPORATIONS,  AND  REGIONAL OFF-TRACK BETTING
   16  CORPORATIONS TO SELL, TRANSFER, ASSIGN OR PURCHASE THE RIGHTS TO  BROAD-
   17  CAST,  SIMULCAST,  ELECTRONICALLY TRANSMIT OR OFFER PARI-MUTUEL WAGERING
   18  ON HORSE RACES.  THE STATE RACING AND WAGERING BOARD SHALL CONSIDER  AND
   19  APPROVE  SUCH  AGREEMENTS  AND  THE TERMS THEREIN TO FURTHER THE STATE'S
   20  INTEREST IN ENSURING THE VIABILITY AND CONTINUED EXISTENCE IN THIS STATE
   21  OF THE HORSE RACING AND AGRICULTURE INDUSTRIES.
   22    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD04869-01-1