New York 2023-2024 Regular Session

New York Assembly Bill A00752 Latest Draft

Bill / Introduced Version Filed 01/11/2023

   
  STATE OF NEW YORK ________________________________________________________________________ 752 2023-2024 Regular Sessions  IN ASSEMBLY January 11, 2023 ___________ Introduced by M. of A. PRETLOW -- read once and referred to the Commit- tee on Racing and Wagering AN ACT to amend the racing, pari-mutuel wagering and breeding law, in relation to antitrust exemptions for horse racing agreements The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The racing, pari-mutuel wagering and breeding law is 2 amended by adding a new section 113-a to read as follows: 3 § 113-a. Antitrust exemptions. State and federal antitrust laws shall 4 not apply to any joint agreement entered into, in consultation with and 5 jointly approved by the state gaming commission and the attorney gener- 6 al, by or among non-profit racing associations, thoroughbred racing 7 associations or corporations, harness racing associations or corpo- 8 rations, quarter horse racing associations or corporations, and regional 9 off-track betting corporations to coordinate the dates and times under 10 which they will conduct programs of racing and offer pari-mutuel wager- 11 ing. In addition, such antitrust laws shall not apply to joint agree- 12 ments entered into, in consultation with and jointly approved by the 13 state gaming commission and the attorney general, by or among non-profit 14 racing associations, thoroughbred racing associations or corporations, 15 harness racing associations or corporations, quarter horse racing asso- 16 ciations or corporations, and regional off-track betting corporations to 17 sell, transfer, assign or purchase the rights to broadcast, simulcast, 18 electronically transmit or offer pari-mutuel wagering on horse races. 19 The state gaming commission and the attorney general shall jointly 20 consider and approve such agreements and the terms therein to further 21 the state's interest in ensuring the viability and continued existence 22 in this state of the horse racing and agriculture industries. 23 § 2. This act shall take effect on the one hundred eightieth day after 24 it shall have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02279-01-3