Chris Christie Vetoes Bills Proposed To Help Atlantic City Casino IndustryState Lawmakers Disappointed In Presidential Candidate |
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Republican presidential candidate Chris Christie, the man who gave the final OK to online gambling in New Jersey several years ago, this week vetoed most of a recent package of reforms designed to help struggling Atlantic City.
According to the Associated Press, Gov. Christie declined to sign off on a bill that would have allowed the city’s brick-and-mortar casinos to make payments in lieu of taxes for 15 years. That would have allowed the casinos to avoid yearly increases and have more certainty about their finances. Other forms of aid were aimed at reducing the city’s debt.
“I am concerned that the bills, in their present form, fail to recognize the true path to economic revitalization and fiscal stability in the city,” he said. “While these bills represent the bipartisan efforts of many to provide important, near-term support to the city’s immediate challenges, I do not believe they meet the goal of setting a course toward renewed, long-term prosperity and economic growth. To achieve these goals, we must continue our work and go further to ensure that the next step leads to that economically vibrant future for Atlantic City.”
The only measure he did sign was a proposal for aid to Atlantic City’s schools.
Christie had the package on his desk since this past summer.
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