Bill > A03680

This bill amends the racing, pari-mutuel wagering and breeding law to require that the franchised corporation (a horse racing organization) or its horsemen's bookkeeper must obtain written consent from the New York thoroughbred horsemen's association before allocating or spending money from certain accounts. Specifically, the association must represent at least 51% of the horsemen using the corporation's facilities. However, the bill includes an important exception: any payment obligations already established by law do not require this additional written consent. This legislation appears aimed at giving horsemen more control over how funds are managed and spent within horse racing facilities, ensuring that a majority of the horsemen have a say in financial decisions that affect them. The bill would take effect immediately upon passage.

Budget and Finance, Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A3680