Legislation introduced to relieve property tax burden through sports betting dollars

Kim Glovas
July 17, 2018 - 5:15 pm
Delaware launches the country's first full-scale sports betting operation outside of Nevada as people roll into the Casino at Delaware Park in Stanton, Del. to wager their bets.

Suchat Pederson/The News Journal via USA TODAY NETWORK

Categories: 

BUCKS COUNTY, Pa. (KYW Newsradio) — A Bucks County state lawmaker wants to move money generated from sports betting to help property owners who struggle to pay taxes. 

State Rep. Tina Davis is introducing legislation that would help relieve the property tax burden on state residents. Davis said she announced the bill now because many people have just received their school tax bills, which are generally around 2 percent.

"And 2 percent can range, depending, anywhere from $100 to $300 or $400 on your tax bill," she said. "And to a homeowner on a fixed income, that could mean the difference between not buying food or not buying their medications."

The measure would take money from sports betting and move it from the general fund into the Property Tax Relief Fund for homeowners. 

Sports betting in Pennsylvania is legal, but a sports betting license costs $10 million in Pennsylvania, compared to $100,000 in New Jersey and Delaware.