Atlantic County and Municipalities Finalize PILOT Settlement

Atlantic County and its municipal co-plaintiffs have all agreed to the terms of a settlement regarding the PILOT bill, officially known as the Casino Property Tax Stabilization Act.
Hamilton Township passed its resolution 5-0 in favor of the terms on Monday, May 7, the last of the agreements needed from the plaintiffs.
“This settlement helps to correct the glaring inadequacies of the PILOT legislation. Instead of…

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