New York A 11106: Relates to licensing requirements for non-managing owners of standardbred horses

Bill Text

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A11106 Summary:

BILL NOA11106 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORWoerner

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COSPNSR

&nbsp

MLTSPNSR

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Amd §303-a, RWB L

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Removes restrictions on the number of non-managing owners of a race horse; specifies in cases of multiple ownership only persons having a five percent or more ownership interest in such general or limited partnerships shall be required to be licensed as an owner.

Go to top A11106 Actions:

BILL NOA11106 

&nbsp

04/24/2026referred to racing and wagering

Go to topA11106 Committee&nbspVotes:

Go to topA11106 Floor&nbspVotes:

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

Go to topA11106 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 11106

 IN ASSEMBLY

 April 24, 2026
 ___________

 Introduced by M. of A. WOERNER -- read once and referred to the Commit-
 tee on Racing and Wagering

 AN ACT to amend the racing, pari-mutuel wagering and breeding law, in
 relation to licensing requirements for non-managing owners of stan-
 dardbred horses

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

 1 Section 1. Subdivision (b) of section 303-a of the racing, pari-mutuel
 2 wagering and breeding law, as amended by chapter 243 of the laws of
 3 2020, is amended to read as follows:
 4 (b) Non-managing owners. There shall be no restriction on the number
 5 of non-managing owners of a race horse [except that no horse shall be
 6 entered or started that is owned by thirty-five or fewer owners unless
 7 all such owners are licensed; in the event that a horse is owned by more
 8 than thirty-five owners, only those individuals having a three percent
 9 or greater property interest in such horse shall be required to be
 10 licensed as an owner]. In the case of multiple ownership, only persons
 11 having a five percent or more ownership interest in such general or
 12 limited partnerships shall be required to be licensed as an owner.
 13 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD15638-01-6

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