Bill > A06075

This bill extends the provisions of a 2010 law related to the New York State Thoroughbred Breeding and Development Fund by changing the expiration date of the law. Specifically, the bill modifies the previous version by extending the law's effectiveness from fourteen to fifteen years after the commencement of video lottery terminal (VLT) operations at Aqueduct racetrack. The bill requires the chair of the fund to notify the legislative bill drafting commission when VLT operations begin, to help maintain an accurate legal database. The legislation also authorizes the immediate development of any necessary rules and regulations to implement the act. This extension ensures continued support for the thoroughbred breeding and racing industry in New York State for an additional year beyond the previously established timeframe, providing ongoing funding and regulatory support for the industry.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A6075