Wednesday, February 14, 2018

Hogan seeks 'lockbox' to guarantee casino revenue goes to schools

Gov. Larry Hogan on Wednesday threw his support behind a bill that would put the state’s casino gambling revenue in a so-called “lockbox,” guaranteeing more gaming proceeds is steered toward public schools. Hogan’s proposal comes after years of what he called a “bait-and-switch,” of the revenues only replacing already existing sources of funding for schools, rather than increasing the total funding amount. Known as the Commitment to Education Act of 2018, the bill is similar to a constitutional…



from https://www.bizjournals.com/baltimore/news/2018/02/14/hogan-seeks-lockbox-to-guarantee-casino-revenue.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/170879106467

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