Gov. Andrew Cuomo signed legislation today to create the New York Racing Association Reorganization Board. It will put NYRA under public control as Cuomo seeks to overhaul the troubled agency.
“The NYRA Reorganization Board will restore public trust, accountability, and transparency to the racing industry in our state, so New York can continue to offer one of the most exciting, enjoyable, safe horse racing experiences in the nation,” Cuomo said in a statement.
The board will be in effect for three years, and then it will go back to private control, Cuomo said. The board will have 17 directors; seven by the governor and two each by the Senate and Assembly; and five from the current NYRA board. The members have yet to be named.
The current board was 25 directors, with 14 elected by NYRA and 11 appointed by public officials.
The bill was passed by the state Legislature before the legislative session ended in June.
NYRA runs three racetracks: Aqueduct in Queens; Belmont on Long Island and Saratoga in Saratoga Springs.