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2016 New York Laws
PML - Racing, Pari-Mutuel Wagering and Breeding Law
Article 2 - (Racing, Pari-Mutuel Wagering and Breeding Law) THOROUGHBRED RACING AND BREEDING
242 - Races for horses bred in the state.

NY Rac, Pari-Mut Wat & Breeding L § 242 (2016) What's This?
  242.  Races  for  horses  bred  in  the state. The state racing and
  wagering board in granting a license to a corporation to conduct running
  or steeplechase races at its racetrack, if  it  deems  such  requirement
  practicable,  may  require  such corporation to provide for at least one
  race during the racing season in which the entries shall be  exclusively
  horses foaled in this state.

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