S T A T E O F N E W Y O R K
________________________________________________________________________
9236
I N S E N A T E
May 7, 2024
___________
Introduced by Sens. BAILEY, ADDABBO -- read twice and ordered printed,
and when printed to be committed to the Committee on Racing, Gaming
and Wagering
AN ACT to amend the racing, pari-mutuel wagering and breeding law,in
relation to authorizing one percent of mobile sports tax revenue be
used for problem gambling, one percent for youth sports and education
funding, and one percent for youth team sports funding
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 8 of section 1367 of the racing, pari-mutuel
wagering and breeding law, as added by section 3 of part Y of chapter 59
of the laws of 2021, is amended to read as follows:
8. (A) Notwithstanding section thirteen hundred fifty-one of this
article, mobile sports wagering gross gaming revenue and tax revenue
shall be excluded from sports wagering gross gaming revenue and tax
revenue. Mobile sports wagering tax revenue shall be separately main-
tained and returned to the state for deposit into the state lottery fund
for education aid except as otherwise provided in this subdivision. Any
interest and penalties imposed by the commission relating to those
taxes, all penalties levied and collected by the commission, and the
appropriate funds, cash or prizes forfeited from sports wagering shall
be deposited into the state lottery fund for education.
(B) In the first fiscal year in which mobile sports wagering licensees
commence operations and accept mobile sports wagers pursuant to this
section, the commission shall pay into the commercial gaming fund one
percent of the state tax imposed on mobile sports wagering by this
section to be distributed for problem gambling education and treatment
purposes pursuant to paragraph a of subdivision four of section ninety-
seven-nnnn of the state finance law; provided however, that such amount
shall be equal to ONE PERCENT OF MOBILE SPORTS TAX REVENUE AND NO LESS
THAN six million dollars for each fiscal year thereafter.
(C) In the first fiscal year in which mobile sports wagering licensees
commence operations and accept mobile sports wagers pursuant to this
section, the commission shall pay one percent of the state tax imposed
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
S LBD15197-01-4
S. 9236 2
on mobile sports wagering by this section to the general fund, a program
to be administered by the office of children and family services for a
statewide youth sports activities and education grant program for the
purpose of providing annual awards to sports TEAMS AND programs for
underserved youth under the age of eighteen years FOR PROGRAMMING,
IMPROVEMENTS, AND CAPITAL EQUIPMENT; provided however, that such amount
shall be equal to ONE PERCENT OF MOBILE SPORTS TAX REVENUE AND NO LESS
THAN five million dollars for each fiscal year thereafter. THIS FUNDING
SHALL BE DISTRIBUTED BY COUNTY YOUTH BUREAUS, EXCEPT IN THE CITY OF NEW
YORK, WHERE THE FUNDING SHALL BE DISTRIBUTED BY LAUREUS SPORT FOR GOOD
FOUNDATION USA. IN ALL CASES, AVAILABILITY OF FUNDING AND STANDARDS FOR
BEING AWARDED A GRANT SHALL BE WIDELY ADVERTISED, AND A REPORT ON ORGAN-
IZATIONS RECEIVING AWARDS AND THE IMPACT OF THE AWARDS SHALL BE MADE
ANNUALLY BY THE DECEMBER FIRST FOLLOWING THE CONCLUSION OF THE GRANT TO
THE OFFICE OF CHILDREN AND FAMILY SERVICES.
(D) The commission shall require at least monthly deposits by a plat-
form provider of any payments pursuant to subdivision seven of this
section, at such times, under such conditions, and in such depositories
as shall be prescribed by the state comptroller. The deposits shall be
deposited to the credit of the state commercial gaming revenue fund. The
commission shall require a monthly report and reconciliation statement
to be filed with it on or before the tenth day of each month, with
respect to gross revenues and deposits received and made, respectively,
during the preceding month.
§ 2. This act shall take effect on the first of April next succeeding
the date on which it shall have become a law.