Atlantic County has received a $15 million payment as legal settlement of a dispute between Atlantic County and the State of New Jersey over the 2021 amendments to the casino payment-in-lieu-of-taxes (PILOT) law.
According to County Executive Dennis Levinson, the settlement with the state was reached on April 2. The state had until Aug. 1 to make the $15 million payment. Atlantic County first brought a lawsuit in 2017 that challenged the 2016 Casino Property Tax Stabilization Act, more commonly known as the casino PILOT bill.