VIDEO: Future of Atlantic City Being Voted On MondayPosted:
ATLANTIC CITY - The future of Atlantic City is being debated in Trenton as both the State Senate and Assembly discuss bills aimed at helping the city recover from its economic woes.
A State Senate committee has made its own changes to a proposal to let voters decide whether to allow two new casinos in the northern part of the state, but wide differences remain with a competing assembly version.
The Senate budget committee advanced Senate President Steve Sweeney's referendum plan that would require companies seeking the new licenses to already own an Atlantic City casino.
Sweeney's amended bill also changes the formula for helping revive Atlantic City with no more than a third of gambling revenue from the new casinos going to the resort.
Both houses will consider making an agreement by Monday or else a single bill could be voted on by the full Legislature.
SNJ Today is a Southern New Jersey news and information source based in Millville, New Jersey that is dedicated to providing current stories related specifically to South Jersey.