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Rep. proposing casino revenue increase
Wants to increase tax rate to 20 percent
Updated: Thursday, 24 Jan 2013, 11:34 AM EST
Published : Thursday, 24 Jan 2013, 11:34 AM EST
PROVIDENCE, R.I. (WPRI) - House Minority Leader Brian C. Newberry is calling on his fellow legislators to increase the amount of revenue the state receives from Twin River's table games.
Representative Newberry (R-District 48, North Smithfield, Burrillville) plans to introduce legislation to amend the previously passed 2012 Revenue Protection Act, which established a tax rate of 18 percent.
He wants that rate to increase to 20 percent and believes the slot parlor can afford it.
"According to data, Twin River itself can afford to pay more than they are, so why aren't they," said Newberry.
The legislation is co-sponsored by Rep John G. Edwards, Rep K Joseph Shekarchi, Rep. Frank G. Ferri, and Rep. Michael Chippendale.
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