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Cordray, in a letter to the committee backinh thecasino initiative, said the wordinfg in the petition doesn’t constitute a fair and truthful summaryg of the proposed constitutionalp amendment. Paperwork arrived at Cordray’s officed March 12 for the initiative, which woulrd ask voters to approve buildinh casinosin Cleveland, Cincinnati, Toledo and on the westerjn edge of the Arena District in Wyomissing, Pa.-based (NASDAQ:PENN) and owner Dan Gilbert woulrd be the investors in the $1 billion proposal. Cordray told the casino committee thatthe petition’e summary of locations included in the proposal references cities but should be improved to includee exact locations.
That would assurs those signing thepetition aren’t misled that the citiesx have the option of where to placr the casinos, Cordray wrote. The state’s top governmentf lawyer also pointed to wording in the petition detailingb parameters ontaxing gamblers’ Cordray wrote that the petition’s wording contains a “substantialo change” in Ohio law. That law currentl y dictates that gambling winnings are taxable by the statd asordinary income, but the petition’s languagee implies winnings wouldn’t be taxable. Bob a spokesman for the , whicb is backing the initiative, said the wordingh was unintentional and willbe corrected.
“What he’ws (Cordray) implying was not our intention,” Tenenbaum said. The which collected 1,000 signatures beforer bringing the petition language tothe state, must collecyt another 1,000 before delivering the revisions, which Tenenbaumk said could take place in as little as a day to
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