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NY A10016

Bill

Status

Engrossed

6/17/2014

Primary Sponsor

Gary Pretlow

Click for details

Origin

Assembly

2013-2014 General Assembly

AI Summary

  • Amends the racing, pari-mutuel wagering and breeding law to require that joint affiliations or contractual arrangements between racing associations, franchised corporations, off-track betting corporations, and multi-jurisdictional account wagering providers follow the same distributional policy for retained commissions.

  • Establishes that any joint affiliation or contractual arrangement entered into on or after the effective date must be subject to review and approval by the racing commission to determine if it serves the best interests of New York's racing industry.

  • Applies only to partnerships, joint ventures, or other affiliations or contractual arrangements established on or after the law takes effect.

Legislative Description

Relates to joint affiliation and contractual agreements.

Last Action

delivered to senate

6/17/2014

Committee Referrals

Rules6/10/2014
Racing and Wagering6/6/2014

Full Bill Text

No bill text available