Bill > A03250

This bill clarifies and amends provisions in the racing, pari-mutuel wagering and breeding law regarding conflicts of interest for public employees involved in horse racing and gaming activities. The bill specifically modifies rules about who can and cannot hold licenses from the racing commission, focusing on restrictions for public employees. It defines "gaming activity" broadly to include various forms of legalized gambling such as pari-mutuel wagering, bingo, charitable games, and state lottery. The bill prohibits public officers, employees, and party officers from owning interests in or working for companies licensed to conduct video lottery gaming or horse racing, or companies that operate at racetracks. However, the bill introduces an important exemption: these restrictions do not apply to the licensing of horse racing participants (defined as horse owners, trainers, drivers, jockeys, or grooms). The bill also provides some flexibility, noting that an interest in a diversified mutual fund would not be considered a prohibited conflict of interest. Additionally, the bill allows for some local variations, permitting political subdivisions to adopt their own ordinances regarding employee restrictions. The changes aim to provide clearer guidelines about potential conflicts of interest while maintaining some practical exceptions for horse racing industry participants.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A3250