The elimination of a casino tax in Pennsylvania is putting hawaii in a financial bind. With all the 2017 session of the General Assembly closing this week, lawmakers must find at least a quick fix to 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 the casino tax which has been announced unconstitutional. Gov. Tom Wolf wants a bill on their desk ASAP to treat budget problems ensuing from the state Supreme Court ruling.
If the continuing state legalized some forms of casino gambling in 2006, they did so because of the vow that each casino would pay 2 per cent of gross slot revenues to your townships where they’re positioned.
That share was to encourage communities to welcome new casino construction, and help offset extra costs connected with having a gambling venue in their yard. If any casinos did not satisfy a $10 million minimum, however, it was in it to make up the distinction. And that is where the slot machine game minimum tax created a nagging problem for the courts.
In 2015, the Mount Airy Casino and Resort within the Poconos protested, when 2 % of these slot revenues amounted to just about $2.8 million, leaving them $7.2 million short.