New York A 7629: Increases distributions for problem gambling education and treatment purposes

Bill Text

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A07629 Summary:

BILL NOA07629 

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SAME ASNo Same As

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SPONSORSteck

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COSPNSRMcDonald, Hevesi, Simon, Hyndman, McDonough, Brown K

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MLTSPNSR

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Amd §1367, RWB L

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Increases distributions for problem gambling education and treatment purposes to $12 million.

Go to top A07629 Actions:

BILL NOA07629 

&nbsp

04/01/2025referred to racing and wagering

01/07/2026referred to racing and wagering

Go to topA07629 Committee&nbspVotes:

Go to topA07629 Floor&nbspVotes:

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

Go to topA07629 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7629

 2025-2026 Regular Sessions

 IN ASSEMBLY

 April 1, 2025
 ___________

 Introduced by M. of A. STECK -- 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 distributions for problem gambling education and treatment
 purposes

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

 1 Section 1. Subdivision 8 of section 1367 of the racing, pari-mutuel
 2 wagering and breeding law, as added by section 3 of part Y of chapter 59
 3 of the laws of 2021, is amended to read as follows:
 4 8. Notwithstanding section thirteen hundred fifty-one of this article,
 5 mobile sports wagering gross gaming revenue and tax revenue shall be
 6 excluded from sports wagering gross gaming revenue and tax revenue.
 7 Mobile sports wagering tax revenue shall be separately maintained and
 8 returned to the state for deposit into the state lottery fund for educa-
 9 tion aid except as otherwise provided in this subdivision. Any interest
 10 and penalties imposed by the commission relating to those taxes, all
 11 penalties levied and collected by the commission, and the appropriate
 12 funds, cash or prizes forfeited from sports wagering shall be deposited
 13 into the state lottery fund for education. In the first fiscal year in
 14 which mobile sports wagering licensees commence operations and accept
 15 mobile sports wagers pursuant to this section, the commission shall pay
 16 into the commercial gaming fund one percent of the state tax imposed on
 17 mobile sports wagering by this section to be distributed for problem
 18 gambling education and treatment purposes pursuant to paragraph a of
 19 subdivision four of section ninety-seven-nnnn of the state finance law;
 20 provided however, that such amount shall be equal to [six] twelve
 21 million dollars for each fiscal year beginning in two thousand twenty-
 22 five and thereafter. In the first fiscal year in which mobile sports
 23 wagering licensees commence operations and accept mobile sports wagers
 24 pursuant to this section, the commission shall pay one percent of the

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD11282-01-5

 A. 7629 2

 1 state tax imposed on mobile sports wagering by this section to the
 2 general fund, a program to be administered by the office of children and
 3 family services for a statewide youth sports activities and education
 4 grant program for the purpose of providing annual awards to sports
 5 programs for underserved youth under the age of eighteen years; provided
 6 however, that such amount shall be equal to five million dollars for
 7 each fiscal year thereafter. The commission shall require at least
 8 monthly deposits by a platform provider of any payments pursuant to
 9 subdivision seven of this section, at such times, under such conditions,
 10 and in such depositories as shall be prescribed by the state comp-
 11 troller. The deposits shall be deposited to the credit of the state
 12 commercial gaming revenue fund. The commission shall require a monthly
 13 report and reconciliation statement to be filed with it on or before the
 14 tenth day of each month, with respect to gross revenues and deposits
 15 received and made, respectively, during the preceding month.
 16 § 2. This act shall take effect immediately.

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