Bill Commons

NY S 8889

in committee

Enacts the New York prediction market regulation act

New York · 2025-2026 Regular Session · upper

Quick answers

Did NY S 8889 pass?

Not yet. NY S 8889 is in committee as of 2026-01-13 and has not come to a final vote. Latest recorded action (2026-01-13): REFERRED TO BANKS

What is NY S 8889 about?

Requires a license from the department of financial services to operate a prediction market; defines "prediction market" as any platform, electronic or physical, that allows participants to place wagers, trades, or financial positions on the outcome of future events, including but not limited to political, economic, weather, or other contingencies, where payouts are tied to event outcomes; provides for standards of conduct and enforcement authority by the department of financial services.

Who sponsors NY S 8889?

Jeremy Cooney is the primary sponsor of NY S 8889.

Description

Requires a license from the department of financial services to operate a prediction market; defines "prediction market" as any platform, electronic or physical, that allows participants to place wagers, trades, or financial positions on the outcome of future events, including but not limited to political, economic, weather, or other contingencies, where payouts are tied to event outcomes; provides for standards of conduct and enforcement authority by the department of financial services.

Introduced
—
Latest action
2026-01-13 — REFERRED TO BANKS
Bill type
bill
Last updated
—

Sponsors

  • Jeremy Cooneyprimary

Committees

Not provided by source.

Action timeline

  1. 2026-01-13

    REFERRED TO BANKS

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

https://legislation.nysenate.gov/api/3/bills/2025-2026/S8889?summary=&detail=

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

Use this data

Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=NY&identifier=S 8889. See the API docs or the MCP server for AI assistants.

Known limitations

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  • Committee referrals are not yet captured.

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