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NY A10515
Bill
Status
3/6/2026
Primary Sponsor
Steve Stern
Click for details
AI Summary
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Off-track betting corporations accepting wagers on out-of-state or out-of-country thoroughbred race simulcasts must pay 3% of handle from those wagers to their regional harness track(s) for races after 7:30 P.M.
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Eliminates the previous "maintenance of effort" system that required commission-approved payment schedules based on 2002 out-of-state harness race distributions
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Removes the prior threshold requirement where additional payments only triggered after statewide wagering handle exceeded $100 million on nighttime out-of-state/out-of-country thoroughbred races
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Replaces the previous 2% payment on excess handle above the $100 million threshold with a flat 3% payment on all applicable handle
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Takes effect immediately upon enactment
Legislative Description
Requires an off-track betting corporation that accepts wagers on the simulcasts of thoroughbred races from out-of-state or out-of-country to pay to its regional harness track or tracks an amount equal to three percent of handle generated from the acceptance of such wagers from out-of-state or out-of-country thoroughbred tracks after 7:30 P.M.
Last Action
referred to racing and wagering
3/6/2026