Bill > S05640

This bill amends the racing, pari-mutuel wagering and breeding law to allocate a portion of mobile sports wagering tax revenue to youth sports programs. Specifically, the bill authorizes the commission to pay one percent of the state tax on mobile sports wagering (up to twenty million dollars annually) to a statewide youth sports activities and education grant program. The funding will be split equally between capital expenditures and programming for sports teams and programs serving underserved youth under 18 years old. Capital expenditure funding will be distributed by county youth bureaus, while programmatic funding will be primarily distributed by county youth bureaus and, in New York City, by the city's department of youth and community development and a nonprofit organization with a history of supporting youth development through sports. Each distributing entity must submit a report to the commissioner detailing the recipients, use of funds, and impact within six months of each grant period. The bill aims to support youth sports participation and development, particularly in underserved communities, by leveraging a small percentage of mobile sports betting tax revenue.

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https://www.nysenate.gov/legislation/bills/2025/S5640