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
Floor votes
How they voted
No floor votes recorded yet.
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
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about S 8776
Scope: NY
Hi! I can help you understand S 8776. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline