Section 334. New York-bred harness horse events

1. The fund is further
  authorized and directed to conduct each year,  at  the  New  York  state
  exposition,  with  the approval of the director of the exposition, or at
  any licensed pari-mutuel track in New  York  state,  with  a  preference
  given  to  any available licensed pari-mutuel track that is five-eighths
  of a  mile  long  or  larger,  colt,  stake  and  overnight  events  for
  standardbred  horses to provide contests for two year old and three year
  old colts and fillies at each gait of trotting  and  pacing.  The  colt,
  stake  and overnight events so conducted for two year old and three year
  old colts and fillies at each gait  of  trotting  and  pacing  hereunder
  shall  be conditioned to admit only those colts and fillies dropped from
  a mare bred in this state and sired by a stallion owned  or  leased  and
  permanently standing for service at and within this state at the time of
  the  said foal's conception. Such colt, stake and overnight events shall
  be opened for nomination not earlier than the first day  of  January  in
  the  year  the event is to be held and only colts and fillies and horses
  complying with the  following  standards  shall  be  eligible  for  such
  nomination:
    a.  All  foals must be sired by a stallion registered with the fund or
  an agent designated by it.
    b. Prior to December first  of  each  year,  all  persons  standing  a
  stallion at either public or private service shall file with the fund or
  an agent designated by it a list of all mares bred to each stallion.
    c. All persons standing a stallion in New York state must:
    Register each stallion with the fund or an agent designated by it.
    d. Syndicates standing a stallion in this state where the syndicate is
  owned  partly by non-residents of this state, must file a lease with the
  fund or an agent designated by it.
    e. Stallion eligibility: Eligible stallions are those stallions:
    (i) owned by a resident of New York state and standing the entire stud
  season in New York state, or
    (ii) owned by a resident of a state other than New York  but  standing
  the  entire  stud  season in this state and leased by a resident of this
  state for a term of not less than ten years, or
    (iii) owned jointly by a resident of  a  state  other  than  New  York
  together  with  a  resident  of  this state and standing the entire stud
  season in this state and leased by a resident of this state for  a  term
  of not less than ten years.
    (1)  Starting  fees  in  such colt and filly stake events shall not be
  less than two percent of the amount of the purse therefor and  shall  be
  added to purses to be distributed as hereinafter provided.
    (2)  Purses,  stakes  or  prizes shall be paid to the winners, second,
  third, fourth and fifth place horses in the aforesaid colt and filly and
  horse stake events, in amounts determined by the fund. Purses and prizes
  shall be paid to the winners, second,  third,  fourth  and  fifth  place
  horses  in  overnight events, in amounts to be determined by the harness
  track licensees.
    2. The fund is further  authorized  and  directed  in  each  year,  in
  cooperation  with  each licensee harness track in this state, to provide
  for the running of stake events conditioned to admit only two  year  old
  and  three  year  old colts and fillies dropped from a mare bred in this
  state and sired by a stallion owned or leased and  permanently  standing
  for  service  at  and  within  this state at the time of the said foal's
  conception, at each gait of trotting and pacing, to  be  known  as  "New
  York  sire  stakes" and to contribute to the purses, stakes or prizes to
  be awarded in such "New York sire stakes", such sums as the  fund  shall
  deem  advisable.  The  fund  may  prescribe a starting fee for such "New
  York-bred harness horse stakes" but in no event shall such fee  be  less

  than  two  per  centum  of  the  estimated purse for each entry. The fee
  prescribed shall be added to the purses awarded.
    3.  Subsequent to the year nineteen hundred sixty-five a foal shall be
  eligible for the "New York sire stakes" if conceived from a mare bred in
  the state and sired by a stallion owned by a resident of this  state  or
  leased  to  a  resident  of  this state for a period of no less than ten
  years and standing for service within the  state  at  the  time  of  the
  foal's conception.
    4. The fund shall have the power to prescribe rules and regulations to
  determine  the  eligibility  of  entries in "New York-bred harness horse
  races" and to effectuate the purposes and requirements set forth in this
  section.