S 6969: Authorizes the operation of historical horse racing; provides for the payment distribution of all pari-mutuel handle derived from historical horse racing.

  
  STATE OF NEW YORK ________________________________________________________________________ 6969 2025-2026 Regular Sessions  IN SENATE March 27, 2025 ___________ Introduced by Sen. ADDABBO -- read twice and ordered printed, and when printed to be committed to the Committee on Racing, Gaming and Wager- ing AN ACT to amend the racing, pari-mutuel wagering and breeding law, in relation to operating historical horse racing products 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 912 to read as follows: 3 § 912. Historical horse racing. Notwithstanding any other provision 4 of law to the contrary, a franchise corporation, a thoroughbred racing 5 corporation, a harness racing corporation or association, a regional 6 off-track betting corporation or a combination thereof, may operate 7 historical horse racing in a manner prescribed by the commission. All 8 pari-mutuel handle derived from historical horse racing shall be subject 9 to the provisions and payment distributions set forth in this chapter. 10 § 2. This act shall take effect on the first of April next succeeding 11 the fiscal year in which it shall have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11213-01-5