Bill

Bill > A05936


NY A05936

NY A05936
Authorizes additional forms of games of chance currency for certain games of chance licensees.


summary

Introduced
02/25/2025
In Committee
02/25/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the general municipal law, in relation to authorizing additional forms of games of chance currency for certain games of chance licensees

AI Summary

This bill amends the New York General Municipal Law to expand the definition of "games of chance currency" for games of chance licensees. Currently, games of chance currency is defined as legal tender, scrip, or chips authorized by the board. The bill would broaden this definition to include "any other form of payment" approved by the board, while maintaining existing rules for raffles (which continue to allow legal tender, credit or debit cards, and personal checks). The modification gives games of chance licensees more flexibility in the types of payment methods they can accept, subject to board approval. This change could potentially modernize payment options for organizations that conduct games of chance, such as charitable organizations or social clubs that run bingo, pull-tabs, or other regulated gambling activities. The bill would take effect immediately upon passage.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

referred to racing and wagering (on 02/25/2025)

bill text


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