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A09635 Summary:

BILL NOA09635
 
SAME ASNo Same As
 
SPONSORSteck
 
COSPNSR
 
MLTSPNSR
 
Amd §74, Pub Off L
 
Restricts the use of prediction markets and/or mobile sports wagering platforms by officers or employees of a state agency, members of the legislature or legislative employees when using information acquired by such public officer in the course of their official duties.
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A09635 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          9635
 
                   IN ASSEMBLY
 
                                    January 21, 2026
                                       ___________
 
        Introduced  by M. of A. STECK -- read once and referred to the Committee
          on Governmental Operations
 
        AN ACT to amend the public officers law, in relation to prohibiting  the
          use  of  prediction markets and/or mobile sports wagering platforms by
          certain public officers when using information acquired by such person
          in the course of their official duties

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  Paragraph  c of subdivision 3 of section 74 of the public
     2  officers law, as amended by section 7 of part K of chapter  286  of  the
     3  laws of 2016, is amended to read as follows:
     4    c. No officer or employee of a state agency, member of the legislature
     5  or   legislative   employee  should  disclose  confidential  information
     6  acquired by [him or her] such person in the course of [his or her] their
     7  official duties nor use such information acquired by such person in  the
     8  course  of  their official duties to further [his or her] their personal
     9  interests, including using that information to participate in prediction
    10  markets and/or mobile sports wagering platforms that  include,  but  are
    11  not limited to:
    12    (i) Polymarket;
    13    (ii) Kalshi;
    14    (iii) PredictIt;
    15    (iv) Iowa Electronic Market;
    16    (v) Auger;
    17    (vi) Robinhood;
    18    (vii) FanDuel;
    19    (viii) DraftKings.
    20    §  2.  This  act shall take effect on the ninetieth day after it shall
    21  have become a law.
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14464-01-6
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