S 8776 New York Senate · 2023 Regular Session

Relates to the discretionary spending threshold for regional off-track betting corporations

This bill raises the spending limit for regional off-track betting corporations to $35,000, allowing them to purchase equipment or hire contractors without a public bidding process for amounts at or below this threshold. The change directly impacts these corporations by simplifying their procurement rules, though it requires a two-thirds vote from the local governing body if the corporation decides a specific contract would not serve the public interest. By removing the previous $15,000 cap, the legislation gives these entities more flexibility in managing smaller purchases while maintaining oversight for larger expenditures.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2024
Committee Review
Floor Vote
Governor
Introduced Mar 11, 2024 Last action Jun 4, 2024
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Full legislative history

Actions timeline

Total actions
6
Key actions
0
Committee
1
Amendments
1
May 16, 2024
Senate · Amendment offered
AMENDED (T) 8776A
Mar 11, 2024
Senate · Referred to committee
REFERRED TO RACING, GAMING AND WAGERING
1 primary · 3 co-sponsors

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