Video Sweepstakes (THE ASSOCIATED PRESS)

Time appears to have run out for a bill to regulate and tax video sweepstakes in North Carolina. House Speaker Thom Tillis said he doesn’t believe there will be time to take up a bill giving legal sanction to the games. The legislation was discussed for a second straight day in the House Finance Committee on Wednesday, but no vote was taken. The legislation would enact state, county and city privilege taxes on sweepstakes establishments and terminals. Proceeds would mainly go toward public school funding, but also miscellaneous tax breaks. A case examining the constitutionality of an earlier legislative ban of the games is pending before the state Supreme Court.

(THE ASSOCIATED PRESS)
06/27/12

2017-05-24T08:56:12+00:00June 28th, 2012|
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