Bill

Bill > A03095


NY A03095

NY A03095
Relates to the investment of funds wagered on video lottery gaming for certain horse races.


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 the investment of funds wagered on video lottery gaming for certain horse races; to repeal certain provisions of the tax law relating thereto; and to repeal paragraph (b) of subdivision 1 of section 1355 of the racing, pari-mutuel wagering and breeding law relating thereto

AI Summary

This bill modifies how funds from video lottery gaming (VLG) at various New York racetracks are allocated, fundamentally shifting resources away from horse racing support and towards education. Specifically, the bill redirects percentages of vendor fees previously designated for racing-related purposes—such as enhancing purses, breeding funds, and capital improvements—to the state lottery fund for additional grants to eligible school districts, with a particular focus on schools serving students with disabilities and preschool special education programs. The legislation affects VLG facilities at multiple locations, including Aqueduct racetrack, facilities in Nassau and Suffolk counties, an Orange county facility, and removes certain previous requirements about racing operations and purse maintenance. The bill eliminates most references to "racing support payments" and replaces them with "education support payments," effectively repurposing video lottery gaming revenue streams from supporting the horse racing industry to funding educational initiatives across New York state. This represents a significant policy shift in how revenue from gambling-related activities is distributed, prioritizing educational funding over horse racing infrastructure and support.

Committee Categories

Budget and Finance

Sponsors (13)

Last Action

referred to ways and means (on 01/07/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...