New York A03680 requires written consent from at least 51% of New York thoroughbred horsemen before spending funds from certain accounts.

New York A03680 amends the racing, pari-mutuel wagering, and breeding law to mandate that the franchised corporation or the horsemen's bookkeeper must obtain written consent from the New York thoroughbred horsemen's association, representing at least 51% of the horsemen using the facilities, before allocating or spending funds from specific accounts. This requirement does not apply to payment obligations provided for by law. The act takes effect immediately.

New York A03680 requires written consent from at least 51% of New York thoroughbred horsemen before spending funds from certain accounts.

New York A03680 amends the racing, pari-mutuel wagering, and breeding law to mandate that the franchised corporation or the horsemen's bookkeeper must obtain written consent from the New York thoroughbred horsemen's association, representing at least 51% of the horsemen using the facilities, before allocating or spending funds from specific accounts. This requirement does not apply to payment obligations provided for by law. The act takes effect immediately.