record<\/a>, if considering inflation, it was the state\u2019s worst gaming performance since table games were authorized in 2010, a local news report revealed.<\/p>\nSo far, officials have yet to estimate how much expanded gaming would add to the relief fund.<\/p>\n
Some 15 years ago, it was estimated Pennsylvania homeowners would save about $300 per household off their property tax bill from the initiative. But Phillips-Hill says the average in her district works out to just $120. The average tax reduction statewide is reported to be about $200.<\/p>\n
Complex Formula for Relief<\/h2>\n
Savings from property tax relief varies by local school districts, using a formula that considers home values and tax rates, according to Pennsylvania NBC affiliate TV station WGAL.<\/p>\n
Last April, officials estimated $595 million would be available for statewide property tax relief in the 2018-19 year. So far, no votes have been taken on the new bill, but it has bipartisan support.<\/p>\n
The bill is now before the Senate Community, Economic and Recreational Development Committee, and it resembles a House bill Philips-Hill worked on last year.<\/p>\n
\u201cAs the state continues to debate expansion of gaming to include internet … and video gaming terminals, I believe the Commonwealth should again ensure the revenue is used to provide property tax relief,\u201d Philips-Hill explained in a comment on the Senate proposal.<\/p>\n
She points out that when the state approved casino table games, \u201ccontrary to the original promise made with slot revenue, there was no additional property tax relief for Pennsylvanians.\u201d<\/p>\n
Her bill, Philips-Hill told Casino.org<\/em>, \u201chonors the original intent of the Gaming Act by ensuring new gaming revenue is used to provide much-needed property tax relief.\u201d<\/span><\/strong><\/p><\/blockquote>\nNew Bets on Board<\/h2>\n
Currently, the Keystone state is expanding its gambling offerings, as its first satellite casino, Hollywood Casino Morgantow<\/a>n, recently was approved by the Caernarvon Township Board of Supervisors, while four other satellite casinos are in the works. Sports betting — which started last December — and daily fantasy sports are well underway, too.<\/p>\nOnline gambling sites are likely to start taking bets sometime around July, and slot machines are slated to come to truck stops also.<\/p>\n","protected":false},"excerpt":{"rendered":"
A new proposal in Pennsylvania\u2019s legislature would require any additional gaming revenue heading to the state be used only for property tax relief. Sponsored by State Sen. Kristin Phillips-Hill (R-York), Senate Bill 269 would give homeowners a break by making up some of the shortfall in the Property Tax Relief Fund that was set up […]<\/p>\n","protected":false},"author":44,"featured_media":100680,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,13],"tags":[],"acf":[],"yoast_head":"\n
Pennsylvania Expanded Gaming Intake Bill Focuses on Property Tax Relief<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n