New York A 10515: Relates to off-track betting maintenance of effort payment requirements

Bill Text

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A10515 Summary:

BILL NOA10515 

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SAME ASSAME AS S09600

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SPONSORStern

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COSPNSR

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MLTSPNSR

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Amd §1017, RWB L

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Requires an off-track betting corporation that accepts wagers on the simulcasts of thoroughbred races from out-of-state or out-of-country to pay to its regional harness track or tracks an amount equal to three percent of handle generated from the acceptance of such wagers from out-of-state or out-of-country thoroughbred tracks after 7:30 P.M.

Go to top A10515 Actions:

BILL NOA10515 

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03/06/2026referred to racing and wagering

Go to topA10515 Committee&nbspVotes:

Go to topA10515 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA10515 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 10515

 IN ASSEMBLY

 March 6, 2026
 ___________

 Introduced by M. of A. STERN -- 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 off-track betting maintenance of effort payments

 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 1017 of the racing, pari-mutuel
 2 wagering and breeding law, as amended by chapter 174 of the laws of
 3 2013, paragraph a as amended by chapter 243 of the laws of 2020, is
 4 amended to read as follows:
 5 2. [a. Maintenance of effort.] Any off-track betting corporation that
 6 engages in accepting wagers on the simulcasts of thoroughbred races from
 7 out-of-state or out-of-country as permitted under subdivision one of
 8 this section shall [submit to the commission, for its approval, a sched-
 9 ule of payments to be made in any year or portion thereof, that such
 10 off-track corporation engages in nighttime thoroughbred simulcasting. In
 11 order to be approved by the commission, the payment schedule shall be
 12 identical to the actual payments and distributions of such payments to
 13 tracks and purses made by such off-track corporation pursuant to the
 14 provisions of section one thousand fifteen of this article during the
 15 year two thousand two, as derived from out-of-state harness races
 16 displayed after 6:00 P.M. If approved by the commission, such scheduled
 17 payments shall be made from revenues derived from any simulcasting
 18 conducted pursuant to this section and section one thousand fifteen of
 19 this article.
 20 b. Additional payments. During each calendar year, to the extent, and
 21 at such time in the event, that aggregate statewide wagering handle
 22 after 7:30 P.M. on out-of-state and out-of-country thoroughbred races
 23 exceeds one hundred million dollars, each off-track betting corporation
 24 conducting such simulcasting shall pay to its regional harness track or
 25 tracks, an amount equal to two percent of its proportionate share of
 26 such excess handle. In any region where there are two or more regional
 27 harness tracks, such two percent shall be divided between or among the
 28 tracks in a proportion equal to the proportion of handle on live harness

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD14945-01-6

 A. 10515 2

 1 races conducted at such tracks during the preceding calendar year. Fifty
 2 percent of the sum received by each track pursuant to this paragraph
 3 shall be used exclusively for increasing purses, stakes and prizes at
 4 that regional harness track. For the purpose of determining whether such
 5 aggregate statewide handle exceeds one hundred million dollars, all
 6 wagering on such thoroughbred races accepted by licensed multi-jurisdic-
 7 tional account wagering providers from customers within New York state
 8 shall be excluded] pay to its regional harness track or tracks the
 9 amount equal to three percent of handle generated from the acceptance of
 10 such wagers from out-of-state or out-of-country thoroughbred tracks
 11 after 7:30 P.M.
 12 § 2. The act shall take effect immediately.

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