The elimination of the casino tax in Pennsylvania is placing their state in a bind that is fiscal. Utilizing the 2017 session of the General Assembly closing this week, lawmakers must find at least a fix that is quick the revenue woes they have understood about since final 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 which has been declared unconstitutional. Gov. Tom Wolf wants a bill on his desk ASAP to treat budget troubles ensuing from the continuing state Supreme Court ruling.
Whenever continuing state legalized some types of casino gambling in 2006, they did so with all the promise that each casino would pay 2 % of gross slot revenues towards the townships where they’re located.
That share ended up being to encourage communities to welcome casino that is new, and assist offset extra costs associated with having a gambling place within their garden. If any casinos did not fulfill a $10 million minimum, however, it had been on it to make the difference up. And that is where the slot machine minimum tax created problem for the courts.
In 2015, the Mount Airy Casino and Resort in the Poconos protested, when 2 percent of the slot revenues amounted to no more than $2.8 million, leaving them $7.2 million short.
The Supreme Court ruled in September 201 Read more