PILOT Casino Payments

According to the Press of Atlantic City a state appellate court panel vacated Superior Court decisions that awarded millions of dollars to Atlantic County, saying the county’s challenge of the state’s amended casino payment-in-lieu-of-taxes law must go back to Superior Court for an evidentiary hearing.The three-judge panel said ambiguous wording in a 2018 consent agreement between the state and Atlantic County did not specify whether PILOT payments would remain based on the terms of the original law, or whether those terms would change if the law changed.