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Sponsors
Senator · Senate District 43
No co-sponsors yet.
History
- Substituted by A9392
- Ordered to third reading cal.1503
- Committee discharged and committed to rules
- Referred to racing, gaming and wagering
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to the definition of "stallion" for the purposes of the NYS thoroughbred breeding and development fund
Signed by Governor · Sponsor J. Gary Pretlow
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7125
Title of bill
An act to amend the racing, pari-mutuel wagering and breeding law, in relation to the definition of stallion for purposes of the New York state thoroughbred breeding and development fund
Purpose
To amend §§251 and 254 of the Racing, Pari-Mutuel Wagering and Breeding Law ("Racing Law") to amend the definition of "New York stallion" for purposes of the New York State Thoroughbred Breeding and Development Fund ("Fund").
Summary of provisions
Section one amends the Racing Law definition of a "New York stallion" in relation to the minimum term of lease requirement for a leased stallion.
Existing law
The definition of "New York stallion" requires that a stallion be leased for at least two years.
Justification
The existing two year minimum lease requirement for a leased stallion presents a disincentive to breeding in New York State, Reduction of the minimum lease period to one year is expected to increase the number and quality of stallions standing in New York, which will inure to the benefit of New York agriculture, horse breeding, and horse racing.
Legislative history
New legislation.
Fiscal implications
None noted.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.