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NY S07125

Bill

Official Source

Status

Introduced

4/30/2012

Primary Sponsor

Roy McDonald

Click for details

Origin

Senate

2011-2012 General Assembly

AI Summary

  • Amends the definition of "New York stallion" in the racing, pari-mutuel wagering and breeding law to reduce the minimum lease term requirement from two years to one year
  • Applies the reduced lease term to stallions owned by out-of-state residents standing in New York and leased by state residents
  • Applies the reduced lease term to stallions owned jointly by in-state and out-of-state residents standing in New York and leased by state residents
  • Maintains requirement that stallions must be registered with the fund and stand the entire stud season in New York
  • Takes effect immediately upon enactment

Legislative Description

Relates to the definition of "stallion" for the purposes of the NYS thoroughbred breeding and development fund.

Last Action

SUBSTITUTED BY A9392

6/21/2012

Committee Referrals

Rules6/21/2012
Racing, Gaming and Wagering4/30/2012

Full Bill Text

No bill text available