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A11432 • 2025

Relates to operating historical horse racing products

Relates to operating historical horse racing products

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Michaelle C. Solages
Last action
2026-05-15
Official status
In Assembly Committee
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Relates to operating historical horse racing products

Relates to operating historical horse racing products Authorizes the operation of historical horse racing; provides for the payment distribution of all pari-mutuel handle derived from historical horse racing.

What This Bill Does

  • Relates to operating historical horse racing products Authorizes the operation of historical horse racing; provides for the payment distribution of all pari-mutuel handle derived from historical horse racing.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-05-15 Assembly

    REFERRED TO RACING AND WAGERING

Official Summary Text

Relates to operating historical horse racing products
Authorizes the operation of historical horse racing; provides for the payment distribution of all pari-mutuel handle derived from historical horse racing.

Current Bill Text

Read the full stored bill text
S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          11432

                                  I N  A S S E M B L Y

                                      May 15, 2026
                                       ___________

        Introduced  by COMMITTEE ON RULES -- (at request of M. of A. Solages) --
          read once and referred to the Committee on Racing and Wagering

        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