State Rep. Tina Davis of the 141st district seeks to provide property tax relief to Pennsylvania residents, she announced at a news conference Tuesday.
Davis’ proposal would use money from the newly taxable sports betting revenue to supplement the Property Tax Relief Fund. The 2006 Taxpayer Relief Act established the fund using taxes collected from gambling.
“I am committed to making sure that the proceeds from any further expansion of gambling will go toward property tax relief,” Davis said. “This is not a silver bullet, but it is one way we can help people.”
“One of the biggest complaints that I have with residents are the taxes are too high. A lot of people only make minimum wage,” Davis told WBCB. “They don’t have enough money to pay the taxes.”
Currently, revenue from gambling is distributed among various departments and projects. For example, Bensalem, the host of Parx Casino, gets more than 25 percent of its tax revenue from the betting and gambling center.
Her fellow Bucks County Democrats, Helen Tai and Perry Warren, also attended the conference in support of the initiative.
“Gambling funds are already being put toward a property tax relief fund,” Representative Tai said. “This is just a new type of gambling revenue that we haven’t had in this state before because it was not ruled legal until very recently.”
Davis estimates the tax could bring in $50 million in revenue once fully in effect.