Bill
Bill > S01183
NY S01183
NY S01183Provides for regulation of sports betting and mobile sports wagering; defines terms; implements a tax equivalent to eight and one-half percent of sports wagering gross revenue; requires reporting; provides for civil penalties for violations; makes related provisions.
summary
Introduced
01/07/2021
01/07/2021
In Committee
01/05/2022
01/05/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
Provides for regulation of sports betting and mobile sports wagering; defines terms; implements a tax equivalent to eight and one-half percent of sports wagering gross revenue; requires reporting; provides for civil penalties for violations; makes related provisions.
AI Summary
This bill provides for the regulation of sports betting and mobile sports wagering in New York. It defines key terms, implements an 8.5% tax on sports wagering gross revenue (12% for mobile sports wagering), requires reporting, and provides for civil penalties for violations. The bill also mandates the use of official league data for certain types of wagers, sets standards for responsible gaming programs, and authorizes the state's gaming commission to regulate sports wagering.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (9)
Joe Addabbo (D)*,
Fred Akshar (R),
Alessandra Biaggi (D),
George Borrello (R),
James Gaughran (D),
Andrew Gounardes (D),
Daphne Jordan (R),
Michael Martucci (R),
Edward Rath (R),
Last Action
REFERRED TO RACING, GAMING AND WAGERING (on 01/05/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2021/S1183 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S01183&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S01183 |
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