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NJ S4746
Bill
Status
10/27/2025
Primary Sponsor
Vincent Polistina
Click for details
AI Summary
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Redirects all revenue from the $3.00 per day casino hotel room occupancy fee to the Casino Reinvestment Development Authority (CRDA) beginning in State fiscal year 2026
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Previously, only $1.00 of the fee went to CRDA while $2.00 was deposited into the Casino Revenue Fund for senior citizen and disabled resident benefits
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Changes take effect after the CRDA's $93 million Hotel Room Fee Revenue Bonds (issued in 2004) were fully paid off in January 2025
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Removes the Casino Revenue Fund as a recipient of any portion of the casino hotel room occupancy fee going forward
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Removes an outdated reference to a repealed 4.25 percent tax on complimentary rooms, food, beverages, and entertainment provided by casino licensees
Legislative Description
Requires all revenue generated by casino hotel facility room occupancy fee to be provided to CRDA.
State Government, Wagering, Tourism & Historic Preservation
Last Action
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
10/27/2025