New York Assembly Bill A03027 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 3027 2023-2024 Regular Sessions  IN ASSEMBLY February 2, 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 resources of the agriculture and New York state horse breeding development fund designated to educate, promote, advertise and protect the standardbred breeding industry The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 1 of section 332 of the racing, pari-mutuel 2 wagering and breeding law is amended by adding a new paragraph k to read 3 as follows: 4 k. An amount equal to two percent thereof in an account designated "to 5 educate, promote, advertise and protect" the standardbred breeding 6 industry by the not-for-profit trade organization, governed by a board 7 of directors elected by its general membership, representing the majori- 8 ty of standardbred horse breeders in the state of New York. 9 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08079-01-3