Property Tax Relief
Special Session Act 1 of 2006, the Taxpayer Relief Act, was signed on June 27, 2006, and modified in June 2011 by Act 25 of 2011.
This law eases the financial burden of home ownership by providing
school districts the means to lower property taxes to homeowners,
especially senior citizens,
via the funding provided by gaming revenue. It is anticipated that,
ultimately, gaming will generate $1 billion each year for local property
tax relief.