Bill

Bill > A06039


NY A06039

NY A06039
Relates to the Catskill off-track betting corporation providing licensing and financing to the Monticello racetrack and the ability to provide capital improvements.


summary

Introduced
02/26/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the tax law and the racing, pari-mutuel wagering and breeding law, in relation to the Catskill off-track betting corporation providing licensing and financing to the Monticello racetrack

AI Summary

This bill modifies several legal provisions related to off-track betting and video lottery gaming in New York, with a specific focus on the Catskill regional off-track betting corporation and the Monticello racetrack. The bill allows the Catskill regional off-track betting corporation to obtain a license to conduct harness race meetings at Monticello racetrack and make capital improvements to the track. It adds provisions for new video lottery gaming facilities in several counties (including Broome, Chemung, Chenango, Delaware, Orange, Rockland, Dutchess, Tompkins, Putnam, and Ulster), authorizing up to three facilities with a total of 1,110 video lottery gaming devices. The bill also establishes a new revenue distribution model for these facilities, with 20% of vendor fees going to the county where the facility is located and the remainder used to support the off-track betting corporation's functions. Additionally, the legislation requires the Catskill regional off-track betting corporation to maintain the same number of race dates at Monticello racetrack that were in place when it receives its license, and mandates that net revenues from pari-mutuel wagering be distributed among participating counties based on population. The changes aim to provide financial support and operational flexibility for regional racing and betting operations.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

referred to racing and wagering (on 01/07/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...