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Kentucky is now starting with supporters of a legislation making their voices heard in front of state lawmakers.
The issue, as its always been, is whether legalizing casinos in the state would create the necessary funds the state could use for itself. Proponents of the move made it clear to
lawmakers that the best option in getting the extra stash of cash would be to open up the state to casinos and as such, a pair of gambling proposals were presented to the House committee.
With all the back-and-forth going on regarding how to best proceed with the issue, a number of lawmakers have come out and drawn lines on the sand.
Democratic Rep. Larry Clark of Louisville, the second-ranking House member, understands how casinos would help generate more funds for the state in light of its current budget problems.
”We have to have a revenue source, and this is the best and easiest way to do it,” he pointed out, as quoted by Business Week.
The driving forces behind the move to legalize casinos have proposed a setup wherein voters would have a chance to decide on the fate of a companion bill in the fall.
Clark estimates that the state could potentially receive up to $286 million in tax revenues, an amount that could be used in a number of state projects, including programs for the educational sector.
With the way Kentucky has been struggling to generate money, having casinos is sounding like a better and better idea by the day.
SOURCE
The issue, as its always been, is whether legalizing casinos in the state would create the necessary funds the state could use for itself. Proponents of the move made it clear to
lawmakers that the best option in getting the extra stash of cash would be to open up the state to casinos and as such, a pair of gambling proposals were presented to the House committee.
With all the back-and-forth going on regarding how to best proceed with the issue, a number of lawmakers have come out and drawn lines on the sand.
Democratic Rep. Larry Clark of Louisville, the second-ranking House member, understands how casinos would help generate more funds for the state in light of its current budget problems.
”We have to have a revenue source, and this is the best and easiest way to do it,” he pointed out, as quoted by Business Week.
The driving forces behind the move to legalize casinos have proposed a setup wherein voters would have a chance to decide on the fate of a companion bill in the fall.
Clark estimates that the state could potentially receive up to $286 million in tax revenues, an amount that could be used in a number of state projects, including programs for the educational sector.
With the way Kentucky has been struggling to generate money, having casinos is sounding like a better and better idea by the day.
SOURCE
