Bill

Bill > A10231


NY A10231

NY A10231
Requires a regional off-track betting corporation that is comprised in the capital district to distribute unclaimed winnings and refunds to participating counties comprising the capital district corporation; provides penalties for late distributions; provides for the remittance of pari-mutuel wagering taxes.


summary

Introduced
02/12/2026
In Committee
02/12/2026
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 unclaimed winnings and refunds and the remittance of taxes

AI Summary

This bill requires a regional off-track betting corporation located in the Capital District to distribute 100% of unclaimed winnings and refunds to the participating counties within that district by March 15th of each year, with penalties of a 5% fine and 1% monthly interest for late payments, and also mandates that these corporations remit pari-mutuel wagering taxes to participating counties in the same manner as required by a specific section of law.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

referred to racing and wagering (on 02/12/2026)

bill text


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