|Posted:||December 4, 2012 12:05 PM|
|From:||Senator Lisa M. Boscola|
|To:||All Senate members|
|Subject:||Table Game Tax Revenues for Property Tax Relief|
|I intend to reintroduce the following legislation and invite you to join me as a co-sponsor:
Table Game Tax Revenues for Property Tax Relief
This bill would direct the Commonwealth’s table game tax revenues into the Property Tax Relief Fund in order to provide additional tax relief to local property taxpayers.
The legalization of slot machine gaming was originally enacted to provide property tax relief to the Commonwealth’s property taxpayers. However, while gaming in the state has been successful, the reduction of property taxes has been marginal to the average homeowner. Additionally, when the General Assembly approved table games earlier this year, all of the state taxes generated on table games are being deposited into the general fund. Therefore, I am introducing legislation that would direct all state revenues generated on table games to be deposited into the Property Tax Relief Fund to provide for further property tax reductions.
Previous co-sponsors include: KASUNIC, FONTANA, MENSCH, SOLOBAY,
BREWSTER, RAFFERTY, GREENLEAF AND YUDICHAK
Introduced as SB206