Compromise Reached on North Jersey Casino Gambling Measure
Governor Chris Christie, Senate President Steve Sweeney and Assembly Speaker Vincent Prieto announced this afternoon that a compromised had been reached over two competing proposals to amend the New Jersey Constitution to allow casino gambling in northern New Jersey.
The compromise requires that, should New Jersey voters approve the proposed Constitutional amendment in November, that the new licensees be required to invest at least $1 billion in constructing new casinos and to impose a timeline on the licensees to build the new casinos.
The measure will be voted on for the first time when the new legislature takes office tomorrow. In order to get on the ballot in November, the resolution must pass in both the Senate and Assembly with a 3/5 majority.
More from my site
What does Moody’s think about north Jersey casinos and Atlantic City?
Guadagno to Christie: Get the hell off the beach, end the shutdown
Sen Beck: Public Massively Opposes New Gas Tax
N.J. Democrats need to show us the pension money, Bramnick says
With transportation funding negotiations deadlocked, County has plan to restart Shark River dredging
Christie says Sweeney and Prieto have not shared their gas tax plan with him
Sweeney and Prieto Agree On A Transportation Trust Fund Deal
Guadagno offers shutdown compromise
Legislature Sets Sights on Rescuing Atlantic City from Financial Brink
Speaker Prieto slams Christie-Cuomo vetoes of Port Authority reform bills
What about the ownership? Also, they vote twice in the same year. I thought you need 2 votes if a simple majority in separate sessions or with the 60% supermajority you only required one vote.