S1957 (2023-24 session)

NY State bill

Specifies who can operate a handicapping tournament; requires handicapping tournament operators to distribute no less than eighty percent of entry fees as prizes to the winners of a handicapping tournament; requires that five percent of the portion of the gross revenue collected by an operator on handicapping tournament entry fees from New York participants that is not distributed as prizes to the winners of a tournament be distributed quarterly by such operator to the horsemen's organization for welfare and medical plans for regularly employed backstretch employees.

Title
Relates to handicapping tournaments
Type
New York State Senate bill
Session
2023-24 session
Status
In Senate Committee
Latest action date
2024-05-14
In committee
Finance
Introduced
2023-01-17
Active version
S1957A
Same as
A3611
Law section
Racing, Pari-Mutuel Wagering and Breeding Law

Sponsors

Co-sponsors

Heard in committee

Same as

Committee meetings

Committee meetings that took this bill up, from the Senate's published agendas. The Assembly does not publish its committee agendas in machine-readable form, so an Assembly committee's consideration of a bill is not on this list.

Sources