Friday, December 16, 2005

Senate OKs Katrina bill, casinos get reprieve - Yahoo! News

Senate OKs Katrina bill, casinos get reprieve - Yahoo! News: "The Senate approved a revised tax incentive package to help rebuild the hurricane-devastated Gulf Coast on Friday after resolving differences with the House of Representatives over items such as breaks for casinos.
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Under a deal with House leaders brokered by Sen. Trent Lott (news, bio, voting record), a Mississippi Republican, the measure will allow casinos to reap bonus depreciation incentives for all facilities except gaming equipment and gaming room construction."

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