A9557 • 2025

Relates to mechanisms authorized sports bettors may utilize to fund their mobile sports wagering accounts

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Carrie Woerner
Last action: 2026-04-30
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 mechanisms authorized sports bettors may utilize to fund their mobile sports wagering accounts

Relates to mechanisms authorized sports bettors may utilize to fund their mobile sports wagering accounts Provides that only automated clearing houses or electronic funds transfers from such authorized sports bettor's personal bank account, wire transfers from an authorized sports bettor's personal bank account, personal checks delivered to the operator, a debit card issued by a financial institution that draws directly from such authorized sports bettor's personal bank account only and not a prepaid debit card, or in-person cash deposits at a casino or other approved location, may be used to fund mobile sports wagering accounts.

What This Bill Does

Relates to mechanisms authorized sports bettors may utilize to fund their mobile sports wagering accounts Provides that only automated clearing houses or electronic funds transfers from such authorized sports bettor's personal bank account, wire transfers from an authorized sports bettor's personal bank account, personal checks delivered to the operator, a debit card issued by a financial institution that draws directly from such authorized sports bettor's personal bank account only and not a prepaid debit card, or in-person cash deposits at a casino or other approved location, may be used to fund mobile sports wagering accounts.

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

2026-04-30 Assembly
AMEND AND RECOMMIT TO RACING AND WAGERING
2026-04-30 Assembly
PRINT NUMBER 9557A
2026-01-14 Assembly
REFERRED TO RACING AND WAGERING

Official Summary Text

Relates to mechanisms authorized sports bettors may utilize to fund their mobile sports wagering accounts
Provides that only automated clearing houses or electronic funds transfers from such authorized sports bettor's personal bank account, wire transfers from an authorized sports bettor's personal bank account, personal checks delivered to the operator, a debit card issued by a financial institution that draws directly from such authorized sports bettor's personal bank account only and not a prepaid debit card, or in-person cash deposits at a casino or other approved location, may be used to fund mobile sports wagering accounts.

Current Bill Text

Read the full stored bill text

S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          9557

                                  I N  A S S E M B L Y

                                    January 14, 2026
                                       ___________

        Introduced  by M. of A. WOERNER -- 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  mechanisms authorized sports bettors may utilize to fund
          their mobile sports wagering accounts

          THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
        BLY, DO ENACT AS FOLLOWS:

     1    Section  1.  Paragraph  (b)  of subdivision 5 of section 1367-a of the
     2  racing, pari-mutuel wagering and breeding law, as added by section 4  of
     3  part Y of chapter 59 of the laws of 2021, is amended to read as follows:
     4    (b)  Authorized  sports  bettors may deposit and withdraw funds to and
     5  from their account on a mobile sports wagering operator  through  [elec-
     6  tronically  recognized  payment  methods,  including  but not limited to
     7  credit cards and debit cards, or via any other  means  approved  by  the
     8  commission;  provided however, that in the case of credit card payments,
     9  each authorized sports bettor's account per operator shall be limited to
    10  a credit card spending amount of two thousand five hundred  dollars  per
    11  year;  and  provided  further,  that  this limitation shall not apply to
    12  other payment methods or to debit cards] THE  FOLLOWING  MECHANISMS:  AN
    13  AUTOMATED  CLEARING HOUSE OR ELECTRONIC FUNDS TRANSFER FROM SUCH AUTHOR-
    14  IZED SPORTS BETTOR'S PERSONAL BANK ACCOUNT, A WIRE  TRANSFER  FROM  SUCH
    15  AUTHORIZED  SPORTS  BETTOR'S  PERSONAL  BANK  ACCOUNT,  A PERSONAL CHECK
    16  DELIVERED TO THE OPERATOR, OR AN IN-PERSON CASH DEPOSIT AT A  CASINO  OR
    17  OTHER  LOCATION,  WITH THE APPROVAL OF THE COMMISSION. No operator shall
    18  be authorized to provide a line  of  credit  to  any  authorized  sports
    19  bettor.
    20    § 2. This act shall take effect immediately.



         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14304-01-5