WV MetroNews House Finance passes satellite casinos bill

CHARLESTON, W.Va. — A check to concede West Virginia’s 4 racetracks to open satellite casinos in their home counties heads to a House building after receiving a second cabinet OK on Tuesday.

HB 2901 would concede a racino, as they’re infrequently called, to open a second casino site in any building it owns or leases within a same county. The site would not offer a lane or hotel, though could offer list games, slots, sports betting and simulcast racing.

House Finance gave a thumbs-up to nice chronicle of a check that adds a integrate new provisions.

Delegate Erikka Storch, R-Ohio, is lead unite and told her cabinet colleagues a reason for a bill. Wheeling Island, in her district, already faces hurdles with a rather unusual plcae and periodic flooding, she said.

Planned highway projects on Interstate 70, she said, will obstruct even some-more trade away. So lane owners wish to pierce to another site along I-70 with some-more prominence where they can say their business.

“We’re only perplexing to get in front of a construction and equivocate detriment of revenues,” she said. “We only wish to give them some coherence and some visibility.”

While a vigilant is to immediately assistance Wheeling Island, she said, a other 3 marks could also open sites and are on house with a bill.

The Finance chronicle adds to a strange check supplies to concede pari-mutuel (pool) betting on simulcast races and to charge that a strange trickery sojourn open and offer all stream amenities and services.

The check also provides that a city hosting a strange racino would continue to accept a due share of supports form list games and slots (pari-mutuel betting is excluded); any supports above that generated by a new site would be divided between a strange city and a locality hosting a new casino. This is a magnitude to forestall a new site draining off income from a parent’s host.

Several representatives disturbed that a check doesn’t foreordain such things as a plcae of a satellite casino and a building requirements. They were endangered that a delegate site could lay subsequent to a propagandize or church.

Douglas Buffington, with a Lottery Commission, certified that a check doesn’t mention those things. But any focus has to come before a elect for approval, and it’s expected those things would be considered. Responding to a doubt from Storch, he combined that a elect also wouldn’t approve any focus that violates internal laws or zoning ordinances.

The check upheld in a voice vote, with a integrate nays, and heads to a House floor.

Severance taxation bill

HB 2829 proposes to finish a separation taxation on limestone and sandstone on Jul 1. Members upheld it unanimously and sent it to a floor.

Mike Clowser, with a West Virginia Contractors Association, told a members that a taxation has been an emanate for tighten to a decade, though this is a initial check to residence it.

The arch problem, he said, is that a taxation isn’t uniform. And Deputy Tax Commissioner Lydia McKee reliable that.

The tax, they said, is formed on a value of a stone, that is dynamic by prolongation costs. It costs reduction to cavern from a cavern than to take down trees and puncture down by layers of mud and stone to emanate a quarry. So a aspect quarries are taxed more.

And it can take adult to dual years for a Tax Department to review a business’ annals to establish a tax, they said. So they’re offered their stone while uncertain how it will be taxed down a road.

Neighboring Pennsylvania, Virginia and Maryland don’t have a separation tax, Clowser said, and many of a prolongation takes place in a eastern partial of a state, so those businesses are during a rival disadvantage.

Finally, Clowser said, a Division of Highways is a singular biggest patron for a industry, so finale a taxation would save a DOH money.

Ending a taxation would cost a state a projected $1.2 million a year, though about half of that, they guessed, is paid by a DOH. And increasing sales could assistance equivalent some-more of a loss, and kindle jobs and business activity.

David Beard/The Dominion Post

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