Bill > A09575

This bill requires the franchise oversight board, an entity responsible for overseeing entities granted a franchise to operate thoroughbred racing and pari-mutuel wagering in New York, to file a mandatory annual report to the governor and the legislature by December 31st of each year. This report will detail the board's activities, analyze the franchised corporation's financial performance and compliance with its franchise agreement and relevant laws, identify challenges, and offer specific legislative and regulatory recommendations to support high-quality thoroughbred racing and protect the interests of the state and the industry.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A9575