The Wall Street Journal reports that a bill legalizing and regulating MMA in the state of New York has passed the Senate. It only needs to pass through the Assembly and then be signed by the governor before the bill can become a law.
The Senate passed the MMA bill 32-26. The hope is that a major MMA event can happen in New York City at Madison Square Garden by this fall, but as the UFC's calendar fills up, it might be difficult to get an event up with a marquee headliner under those deadlines.
But considering the time, effort and money that the UFC has put into lobbying New York to legalize MMA, you can bet that it won't be the second promotion to put on an event at the Garden.