NJ casino tax relief bill approved

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The New Jersey State Senate has approved a bill that would give tax relief to Atlantic City’s casinos and possibly prevent the closure of four of them.

In the Ssenate the bill was approved by a 21 to 14 margin with four people not entering a vote or abstaining. The Assembly has yet to vote on the bill.

Assemblyman John Armato, who sponsored an earlier version of the bill in the Assembly that was later changed to be identical with a Senate bill, will vote against the bill, he said on yesterday.

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