According to the Wall Street Journal:
New York moved one step closer to becoming the 45th state to regulate mixed martial arts, as the state Senate voted 32-26 to pass a bill on Wednesday that would legalize the sport.
A similar bill is currently in committee in the state Assembly, where it is expected to pass before facing a close vote on the Assembly floor. If it gets out of the Assembly, Gov. Paterson is expected to sign it into law and fans could see a mixed martial arts event in Madison Square Garden as early as this fall.
The Ultimate Fighting Championship, the sport's most well-known promotion, is hoping an Assembly vote will take place over the next two weeks before the current legislative session ends.