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Bill > A03204


NY A03204

NY A03204
Enacts the "emergency school relief act"; makes changes in the percentages for disposition of revenue from lottery prize account to increase the percentage directed to state aid for education funding.


summary

Introduced
01/23/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to enacting the "emergency school relief act of 2026"

AI Summary

This bill, known as the "emergency school relief act of 2026," aims to increase the amount of revenue from lottery ticket sales that is directed towards state aid for education funding by adjusting the percentages of revenue allocated to the state lottery fund. Specifically, it reduces the percentage of revenue from joint, multi-jurisdiction, and out-of-state lotteries that is retained for prizes from fifty-five percent to forty percent, and from certain daily number games like "Daily Numbers Game," "Win 4," "Pick 10," and "Take 5" from fifty percent to thirty-five percent. Additionally, it increases the percentage of revenue from games defined in paragraph four of subdivision a of section 1612 of the tax law that is paid into the state lottery fund from forty-five percent to sixty percent, and from games defined in paragraph three of subdivision a of section 1612 of the tax law from thirty-five percent to fifty percent. These changes are intended to provide more financial support for schools.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

print number 3204a (on 01/29/2026)

bill text


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