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Pennsylvania Casino Tax Deadline Looms, as State Scrambles for Revenue Solution

Pennsylvania Casino Tax Deadline Looms, as State Scrambles for Revenue Solution

The elimination of a casino tax in Pennsylvania is putting their state in a bind that is fiscal. Because of the 2017 session of the General Assembly ending this week, lawmakers must find at least a fix that is quick the income woes they’ve understood about since last fall, whenever the state Supreme Court ruled elements of the current casino tax structure were unconstitutional.

Pennsylvania counties risk losing $120 million from a casino tax that’s been declared unconstitutional. Gov. Tom Wolf wants a bill on his desk ASAP to treat budget troubles resulting from the state Supreme Court ruling.

Once the continuing state legalized some types of casino gambling in 2006, they did so utilizing the promise that each casino would pay 2 per cent of gross slot revenues towards the townships where they’re situated.

That share ended up being to encourage communities to welcome new casino construction, and assist offset additional costs connected with having a gambling venue in their yard. If any casinos did not satisfy a $10 million minimum, however, it had been in it to make up the distinction. And that is where the video slot minimum tax created problem for the courts.

Courtroom Bust

In 2015, the Mount Airy Casino and Resort in the Poconos protested, when 2 per cent of these slot revenues amounted to only about $2.8 million, leaving them $7.2 million short.

The Supreme Court ruled in September 2016 tha

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投稿者 : bsaimin Online Casino Real Money No Deposit Australia 2020年3月16日 コメント無し