SENATE, No. 2422

STATE OF NEW JERSEY

215th LEGISLATURE

 

INTRODUCED DECEMBER 20, 2012

 


 

Sponsored by:

Senator  LORETTA WEINBERG

District 37 (Bergen)

Senator  BARBARA BUONO

District 18 (Middlesex)

 

Co-Sponsored by:

Senators Greenstein and Pou

 

 

 

 

SYNOPSIS

     Requires that contract for private operation of State Lottery be subject to approval by Legislature.

 

CURRENT VERSION OF TEXT

     As introduced.

  


An Act concerning the approval of a contract for the operation of the State Lottery by a private entity and supplementing P.L.1970, c.13 (C.5:9-1 et seq.).

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

     1.  Notwithstanding any law, rule, or regulation to the contrary, a contract between the State and a private entity that provides for the operation of the State Lottery by the private entity shall be subject to approval by a majority vote of the members of the Senate and the General Assembly in the form of a concurrent resolution, and shall not be operative unless thusly approved.   

 

     2.  This act shall take effect immediately.

 

 

STATEMENT

 

     As authorized by Article IV, Section VII, paragraph 2, of the New Jersey Constitution, and implemented under the “State Lottery Law,” P.L.1970, c.13 (C.5:9-1 et seq.), the State established a lottery in 1970 to be operated by the State, with the entire net proceeds dedicated to State institutions and State aid for education.  Under current law, the State Lottery Commission and the Division of State Lottery in the Department of the Treasury administer the lottery in accordance with its constitutional and statutory mission.

     This bill would require that a contract between the State and a private entity that provides for the operation of the State Lottery by the private entity must be subject to the approval of the members of the Senate and the General Assembly, by a majority vote of such members in the form of a concurrent resolution.  Under the bill, such a contract would not be operative unless thusly approved.