Virginia Casino Bill Shelved Until at Least 2025
Posted on: February 2, 2024
The Fairfax casino bill pushed by state Sen. David Marsden (D-Fairfax) has been shelved until at least 2025.
The Senate Finance & Appropriations Resources Subcommittee on Thursday voted 4-0 to carry the bill over to next year’s session.
Sen. Louise Lucas (D-Portsmouth), the subcommittee chair, said the “Casino Queen” is supportive of consideration of legislation allowing Fairfax officials and constituents to deliberate a casino. The updated review is needed before Marsden’s Senate Bill 675 moves forward.
“I would like to see some updated projections because I would like to keep this bill alive,” Lucas said.
Virginia Senate researchers concluded that a casino would generate $155 million in tax revenue annually, employ around 3,200 people, and recoup about $100 million from Maryland casinos.
Several community boards and homeowners’ associations voiced strong opposition to Marsden’s casino push.
The Fairfax County Board of Supervisors penned a letter to state officials claiming they were kept out of Marsden’s authoring of the casino bill.
Marsden said it’s his job “to give my county options” regarding economic development avenues.
If the bill gets legislative support and Gov. Glenn Youngkin’s signing, the Fairfax government would be allowed to field casino bids and present the best option to voters.
Marsden Stresses Importance
Marsden thinks Fairfax County homeowners should be ready for property tax increases to maintain quality schools, infrastructure, and first responder services.
While residential real estate assessments increased by 7% in 2023, commercial property values grew only modestly by 1.65%.
“I don’t want anybody to say 10 years from now, ‘Gee, why didn’t somebody anticipate the changes in our revenue picture here in Fairfax County and make adjustments?’” Marsden said last month.