Authorizes up to two percent of mobile sports tax revenue, but not more than twenty million dollars, be used for youth team sports funding to be distributed by county youth bureaus, city of New York's department of youth and community development, and an organization which supports and invests in programs that use sports as a vehicle for youth development and social change.
If enacted, A08167 will significantly influence state legislation pertaining to mobile sports wagering funds. It will adjust existing tax revenue allocation methods by ensuring that a defined percentage is directed explicitly towards youth sports programming. The intended outcome is to increase participation in sports among young people, especially those from disadvantaged backgrounds. This approach aligns with broader educational and community engagement goals, promoting health and citizenship through organized sports.
Assembly Bill A08167 proposes to allocate two percent of mobile sports tax revenue for funding youth team sports in New York. The revenue generated from mobile sports wagering will be designated to support programs aimed at improving sports opportunities for underserved youth under the age of eighteen. The bill is designed to ensure that by utilizing a portion of the emerging sports wagering tax revenue, the state can enhance athletic programs, provide necessary equipment, and improve facilities for youth sports across various communities.
The bill may face contention related to how the funds are distributed and whether enough oversight and accountability measures are implemented to ensure that the funds reach those in need effectively. There may be concerns from lawmakers regarding the potential mismanagement of funds and whether programs will adequately serve the intended population. Discussion in legislative committees is likely to center around the balance between providing support for youth sports while ensuring the sustainable use of tax revenue generated by mobile sports betting.