Bill
Bill > A01257
NY A01257
NY A01257Provides 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 like "authorized sports bettor," "prohibited sports bettor," and "sports wagering gross revenue," and implements an 8.5% tax on sports wagering gross revenue, with a 12% tax on mobile sports wagering revenue. The bill requires reporting, provides for civil penalties for violations, and makes other related provisions. It also authorizes the New York State Gaming Commission to regulate sports wagering and establishes requirements for mobile sports wagering platforms and operators.
Committee Categories
Business and Industry, Housing and Urban Affairs
Sponsors (32)
Andrew Hevesi (D)*,
Victor Pichardo (D)*,
Gary Pretlow (D)*,
David Rosenthal (D)*,
Nily Rozic (D)*,
Steve Stern (D)*,
Clyde Vanel (D)*,
Khaleel Anderson (D),
Jeffrion Aubry (D),
Pat Burke (D),
Marianne Buttenschon (D),
Carmen De La Rosa (D),
Erik Dilan (D),
Charles Fall (D),
Richard Gottfried (D),
Judy Griffin (D),
Pamela Hunter (D),
Alicia Hyndman (D),
Latoya Joyner (D),
Donna Lupardo (D),
N. Nick Perry (D),
Stacey Pheffer Amato (D),
Phil Ramos (D),
Angelo Santabarbara (D),
Nader Sayegh (D),
Colin Schmitt (R),
Michaelle Solages (D),
Al Stirpe (D),
Chris Tague (R),
Al Taylor (D),
David Weprin (D),
Carrie Woerner (D),
Last Action
referred to codes (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/A1257 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A01257&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A01257 |
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