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NY A10513

Bill

Status

Introduced

3/6/2026

Primary Sponsor

Phillip Steck

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Mobile sports wagering operators are prohibited from receiving the Excelsior Jobs Program tax credit under this amendment to New York's economic development law
  • The prohibition extends to parent companies and subsidiaries of mobile sports wagering operators
  • Mobile sports wagering operators are defined by reference to section 1367 of the racing, pari-mutuel wagering and breeding law
  • The bill adds this restriction to an existing list of ineligible entities that already includes not-for-profits, service providers, retail/entertainment businesses, and electricity/natural gas companies
  • Introduced by Assembly Members Steck and K. Brown on March 6, 2026, with immediate effective date upon passage

Legislative Description

Prohibits mobile sports wagering operators, including parent companies or subsidiaries thereof, from being eligible to receive the excelsior jobs program credit.

Last Action

referred to economic development

3/6/2026

Committee Referrals

Economic Development, Job Creation, Commerce and Industry3/6/2026

Full Bill Text

No bill text available