An amendment calling for major tax changes for Indiana casino riverboats is removed from a House bill today. This is the bill that would allow riverboats to move to land.
Previously, the legislation could have potentially cost local governments millions in lost casino revenue by changing how tax money is shared. Those changes would have cost Vanderburgh County an estimated $4 million in tax revenue every year.
While the taxing changes appear on hold this session, the latest bill calls for a study committee to further examine the impact of changing the taxes and the extent local governments rely on those revenues.
The full House is expected to take a final vote on the land based casino bill Wednesday.