Bill

Bill > A06457


NY A06457

NY A06457
Extends the provisions relating to the New York state thoroughbred breeding and development fund until seventeen years after the commencement of the operation of a video lottery terminal facility at Aqueduct racetrack.


summary

Introduced
03/05/2025
In Committee
04/07/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend chapter 473 of the laws of 2010, amending the racing, pari-mutuel wagering and breeding law relating to the New York state thoroughbred breeding and development fund, in relation to the effectiveness thereof

AI Summary

This bill extends the provisions of a previous law related to the New York State Thoroughbred Breeding and Development Fund by changing the expiration date from fourteen to seventeen years after the commencement of video lottery terminal (VLT) operations at Aqueduct racetrack. The bill essentially prolongs the legal framework governing the thoroughbred breeding and development fund for an additional three years, ensuring continued support for the horse breeding industry in New York State. The legislation requires the chair of the fund to notify the legislative bill drafting commission when VLT operations begin at Aqueduct, which helps maintain an accurate database of state laws. The bill also authorizes and directs the preparation of any necessary rules or regulations to implement the changes immediately upon the law's effective date, ensuring a smooth transition and continued operational support for the thoroughbred breeding program.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (2)

Last Action

Companion passed 2025-05-23 (on 05/23/2025)

bill text


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