Bill
Bill > A06457
NY A06457
NY A06457Extends 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
03/05/2025
In Committee
04/07/2025
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A6457 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A06457&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A06457 |
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