|Posted:||December 8, 2016 10:53 AM|
|From:||Senator Lisa M. Boscola|
|To:||All Senate members|
|Subject:||Table Games Tax Revenues for Property Tax Relief|
|In the near future, I intend to reintroduce legislation that 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. I invite you to join me as a co-sponsor.
The legalization of slot machine gaming was originally enacted to provide further property tax relief to the Commonwealth’s property taxpayers.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 in 2010, all of the state taxes generated on table games were to be 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.
Last session, this bill was introduced as SB 87. Previous co-sponsors included: Hughes, Fontana, Farnese, Yudichak, Alloway, Brewster, Schwank, Rafferty, Vogel, Vulakovich, Mensch, White and Williams.
Introduced as SB101