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New Bill Would Redistribute Casino Funds Back to Montco
HB 2552 proposes that new revenue generated by the Valley Forge Casino and Resort be distributed to local parks and heritage sites and non-profits.
On Monday, July 16, the Montgomery County Commissioners, along with state Representatives Marcy Toepel (R-147), Mike Vereb (R-150) and Todd Stephens (R-151), held a press conference to reveal new legislation that would redistribute casino revenue from the county’s share assessment. If House Bill 2552 is passed, the casino would give 2% of its gross revenue back to the community – 75% of that will be going to maintenance and refurbishment services of parks and heritage sites, while the final 25% would be split evenly between local nonprofits Laurel House and Mission Kids. "An estimated $1.2 million will be generated. $900,000 to the parks and heritage sites, and $150,000 each to Mission Kids and Laurel House," explained Toepel. Currently, …
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Montco Pa Dem
10:15 pm on Tuesday, July 17, 2012
Mission Kids is the DA's charity - Risa Vetri Ferman is co-founder of it. So, yeah, from outward appearances it's a good cause but it wouldn't get this kind of boost if the county's Top Cop wasn't behind it. And Laurel House is a home for victims of domestic abuse - could be the GOP's way of apologizing for Tom Ellis. more ›