NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
BILL NUMBER: A9458B
SPONSOR: Pretlow TITLE OF BILL:
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
PURPOSE OR GENERAL IDEA OF BILL:
To authorize the increase the discretionary buying threshold from
$15,000 to the threshold of a state agency.
SUMMARY OF PROVISIONS:
Section 1 of this bill amends section 507 of the racing, pari-mutuel
wagering and breeding law.
Section 2 of this bill provides the effective date.
JUSTIFICATION:
Essentially, the discretionary buying threshold for Suffolk OTB, which
is $15,000, hasn't been raised since the 1970s and is causing unneces-
sary challenges to operate a large hotel and casino. We are seeking to
have•the same thresholds as municipalities of $35,000 for all contracts.
Suffolk OTB is a public benefit corporation committed to responsible
financial practices that best serve our state and local taxpayers, as
well as contribute to the betterment of the surrounding community. With
approximately 5,000 visitors each day, Jake's 58 Casino Hotel could be a
stronger partner for Long Island's agricultural and fishing small busi-
ness sectors, but it is hindered by the State's competitive bidding
process, which often favors large wholesalers and manufacturers.
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:
None to the state.
EFFECTIVE DATE:
This act shall take effect immediately.
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
