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Bill > S06252


NY S06252

NY S06252
Prohibits off-track betting corporation vehicles from being used as take-home vehicles by board members, officers, employees, contractors, subcontractors, consultants, or agents of such corporation or by certain family members of such individuals; provides an exception therefor.


summary

Introduced
03/07/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the racing, pari-mutuel wagering and breeding law, in relation to prohibiting off-track betting corporation vehicles from being used as take-home vehicles

AI Summary

This bill amends the racing, pari-mutuel wagering and breeding law to prohibit regional off-track betting (OTB) corporations from providing take-home vehicles to board members, officers, employees, contractors, subcontractors, consultants, agents, and certain family members residing in their principal place of abode. The bill requires that all motor vehicles owned, leased, or controlled by such corporations must be returned to corporate property when not being used for official business. However, the bill does provide an exception: OTB corporations can issue take-home vehicles to employees and officers if they establish a written policy that complies with the state comptroller's rules and regulations, obtain approval from the gaming commission, and submit to random audits by the gaming commission. The purpose of this legislation appears to be increasing transparency and preventing potential misuse of corporate vehicles by limiting their personal use. The bill will take effect 60 days after becoming law, giving OTB corporations time to adjust their vehicle policies and practices to comply with the new requirements.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

REFERRED TO RACING, GAMING AND WAGERING (on 01/07/2026)

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