From the Indianapolis Star:
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“Casino bill? I’m not acquainted with the casino bill,” Bosma deadpanned when asked about the bill’s status by reporters late Friday. He preferred the label “the gaming tax bill.”
And gaming taxes is, in the end, what the bill is about.
It allows the casinos and racinos to not pay admissions taxes on up to $2.5 million this year in free-play coupons that casinos hand out to boost business, and up to $5 million annually for the next three years. Boots said it also gives tax breaks for lower-grossing riverboats and allows mobile gaming devices in specified areas of casinos.
The bill also requires more transparency of how casino revenues are spent in local communities. The grants and local agreements that dole out the money to business and local government projects will be posted on the state’s web site.
http://www.indystar.com/apps/pbcs.dll/article?AID=2013304260098
