S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7318
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                                May 5, 2021
                                ___________
 
 Introduced  by M. of A. HYNDMAN -- read once and referred to the Commit-
   tee on Racing and Wagering
 
 AN ACT to amend the tax law,  in  relation  to  permitting  a  potential
   lottery winner who lost their ticket to claim the winning amount
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The section heading of section 1614  of  the  tax  law,  as
 amended  by  chapter  166  of  the  laws  of 1991, is amended to read as
 follows:
   Unclaimed and abandoned prize money; LOST LOTTERY TICKET CLAIMS.
   § 2. The opening paragraph of subdivision a of section 1614 of the tax
 law, as amended by section 3 of subpart D of part DD of  chapter  59  of
 the laws of 2019, is amended and a new subdivision c is added to read as
 follows:
   No prize claim shall be valid if submitted to the commission following
 the expiration of a one-year time period from the date of the drawing or
 from  the  close  of  the  game in which a prize was won, and the person
 otherwise entitled to such prize shall forfeit any claim or  entitlement
 to  such  prize moneys, UNLESS SUCH PRIZE CLAIM IS SUBMITTED PURSUANT TO
 SUBDIVISION C OF THIS SECTION.   Unclaimed prize  money,  plus  interest
 earned  thereon,  shall  be  retained in the lottery prize account to be
 used for payment of special lotto or supplemental lotto  prizes  offered
 pursuant  to  the plan or plans specified in this article, or for promo-
 tional purposes to supplement other games on an occasional basis not  to
 exceed sixteen weeks within any twelve month period pursuant to the plan
 or plans specified in this article.
   C.  NOTWITHSTANDING SUBDIVISION A OF THIS SECTION, A PRIZE CLAIM FOR A
 PERSON WHO LOST HIS OR HER TICKET SHALL BE VALID  IF  SUBMITTED  TO  THE
 COMMISSION  WITH  DOCUMENTARY  PROOF  OF PURCHASE OF SUCH WINNING TICKET
 WITHIN FIVE YEARS FROM THE DATE OF THE DRAWING OR FROM THE CLOSE OF  THE
 GAME IN WHICH A PRIZE WAS WON. UPON A SHOWING OF SUCH PROOF, THE COMMIS-
 SION SHALL PROMPTLY MAKE PAYMENT OF THE PRIZE CLAIM TO SUCH PERSON.
   § 3. This act shall take effect immediately.
 
              

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD08881-01-1