Pennsylvania casinos to set new tax
Pennsylvania casinos tax law has allegedly moved towards its final approval.
US.- Pennsylvania casino legislation would be updated soon with latest amendment referring to tax distribution. The state’s legislature is debating this week the Supreme Court’s order of fixing the former regulation, which was ruled as “illegal” by the high court. Legislators will have to set a new law to fund host casino communities’ social developments.
The deadline to address the issue is May 26. “If it’s not done by Friday, we will just make it retroactive,” state Sen. Boscola, D-Northampton, told to the Morning Call newspaper. “The local municipalities are going to get their money. There is no doubt about that.” The newspaper also stated that two senators expect to miss the deadline “for action before casino such ‘host fees’ are cut off.”
The new law was demanded by the Supreme Court after ruling last year that casinos in Pennsylvania should not be forced to pay the US$10 million host fee and the 2 percent tax on slot machines revenues anymore, based on the fact that the tax was a problem for smaller facilities like Mount Airy Casino Resort.
In response, Rivers casino in Pittsburgh, Harrah’s in Chester, Hollywood in Dauphin County and Parx Casino in Bensalem struck deals with their host communities to maintain the communities’ funding agreement.
