TRENTON – An Assembly lawmaker says any attempts to privatize the New Jersey State Lottery should first be vetted by the Legislature.
Assemblyman Vincent Prieto, (D-32), announced Wednesday his plans to introduce legislation that would require any privatization plan to first be voted on by lawmakers. The bill, A3614, would require such a contract come before a vote by the Legislature and comes as Gov. Chris Christie’s administration moves to privatize portions of the New Jersey State Lottery.
“The proposal to privatize without public explanation one of our most profitable and well-run assets is troubling,” Prieto said in a statement.
“The Christie administration appears ready to forfeit substantial long-term revenue for a one-shot payment that will also hurt small business owners and risk vital programs for our students, veterans and the disabled,” he said. “More oversight is clearly needed.”
Prieto, chairman of the Assembly Budget Committee, recently called a committee hearing to discuss plans to privatize the lottery.