Babaamaajimowinan (Telling of news in different places)

Texas Lawmaker: Build Casinos on Coast to Subsidize Wind Insurance

A Texas lawmaker has proposed subsidizing the state’s underfunded windstorm insurance and flooding assistance by building casinos in coastal counties.

State Rep. Joe Deshotel filed the bill on Dec. 7 to cover the cost of subsidizing the Texas Windstorm Insurance Association (TWIA) by proposing to tax licensed casinos, Galveston County Daily News reported. The measure would give the Texas Lottery Commission the authority to issue six licenses to operate casinos across six counties.

https://www.insurancejournal.com/news/southcentral/2018/12/18/512407.htm

 

Reader Comments(0)