Bill Text: NY S04815 | 2023-2024 | General Assembly | Amended

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Bill Title: Relates to issuing temporary permits to certain fantasy sports operators that were not offering contests to persons located in New York prior to November 10, 2015.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-01-03 - REFERRED TO RACING, GAMING AND WAGERING [S04815 Detail]

Download: New_York-2023-S04815-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                         4815--A
            Cal. No. 754

                               2023-2024 Regular Sessions

                    IN SENATE

                                    February 15, 2023
                                       ___________

        Introduced  by  Sen. ADDABBO -- read twice and ordered printed, and when
          printed to be committed to the Committee on Racing, Gaming and  Wager-
          ing  --  reported  favorably from said committee, ordered to first and
          second report,  ordered  to  a  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 issuing temporary permits to certain fantasy sports opera-
          tors

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  Subdivision  2 of section 1402 of the racing, pari-mutuel
     2  wagering and breeding law, as added by chapter 237 of the laws of  2016,
     3  is amended and subdivision 1 is amended by adding a new paragraph (c) to
     4  read as follows:
     5    (c)  Additional  interactive  fantasy  sports  operators, who were not
     6  offering contests to persons located in New York prior to the  tenth  of
     7  November, two thousand fifteen, may apply for a temporary permit subject
     8  to  approval by the gaming commission, provided that such operator meets
     9  all the requirements of this article. A temporary  permit  issued  under
    10  this  paragraph shall be deemed effective as of the date that the opera-
    11  tor first offered interactive fantasy  sports  contests  in  the  state,
    12  provided  that the operator remits the tax provided in section one thou-
    13  sand four hundred seven of this article within thirty days  of  issuance
    14  of the temporary permit for all contests the operator previously offered
    15  in the state.
    16    2.  The  commission shall provide a temporary permit [to each operator
    17  that was offering contests pursuant to paragraph (b) of subdivision  one
    18  of  this  section]  to  allow [such operator to continue] an interactive
    19  fantasy sports operator to offer such contests, on a provisional  basis,
    20  until  such operator's application for registration has been approved or
    21  denied in accordance with section fourteen hundred three of  this  arti-
    22  cle,  provided  that such operator meets all the requirements in section
    23  fourteen hundred four of this article.
    24    § 2. This act shall take effect immediately.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08414-04-3