Bill Text: NY A09458 | 2023-2024 | General Assembly | Amended

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Bill Title: Increases the discretionary spending threshold for regional off-track betting corporations to $35,000.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Engrossed) 2024-06-04 - RETURNED TO ASSEMBLY [A09458 Detail]

Download: New_York-2023-A09458-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                         9458--B

                   IN ASSEMBLY

                                     March 14, 2024
                                       ___________

        Introduced  by  M. of A. PRETLOW, STERN -- read once and referred to the
          Committee  on  Racing  and  Wagering  --  committee  discharged,  bill
          amended,  ordered reprinted as amended and recommitted to said commit-
          tee -- again reported from said  committee  with  amendments,  ordered
          reprinted as amended and recommitted to said committee

        AN  ACT  to  amend the racing, pari-mutuel wagering and breeding law, in
          relation to the discretionary spending  threshold  for  regional  off-
          track betting corporations

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Subdivision 1 of section 507  of  the  racing,  pari-mutuel
     2  wagering  and  breeding  law,  as  amended by chapter 286 of the laws of
     3  1985, is amended to read as follows:
     4    1. Each corporation shall let contracts for construction or any  other
     5  work,  including the furnishing of materials or supplies incident there-
     6  to, and contracts for the purchase or procurement of equipment,  materi-
     7  als  or  supplies: (i) in the manner provided by law with respect to the
     8  letting of such contracts by counties except that  where  the  estimated
     9  expense  of  a  contract  does not exceed [fifteen] thirty-five thousand
    10  dollars, such contract may  be  entered  into  without  public  letting,
    11  provided, however, that where the corporation determines with respect to
    12  any  contract that it would not be in the public interest to comply with
    13  this section and the governing body of each county, by resolution,  rule
    14  or  regulation  adopted by the vote of two-thirds of the whole number of
    15  votes authorized to be cast by all of the members of such body,  concurs
    16  in  such  determination,  then  it  may enter into such contract without
    17  public letting as authorized by said resolution, rules and  regulations;
    18  (ii)  in  conjunction with one or more regional off-track betting corpo-
    19  rations pursuant to this section; or (iii) in  the  manner  provided  in
    20  section  six hundred nine of this chapter if in conjunction with the New
    21  York city off-track betting corporation.
    22    § 2. This act shall take effect immediately.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14781-04-4