"TRIBAL GAMING COMPACTS. EXCLUSIVE GAMING RIGHTS. CONTRIBUTIONS TO STAT"
 

Attorney General No.

SA2004RF0005

Secretary of State No.

1046

Description

TRIBAL GAMING COMPACTS. EXCLUSIVE GAMING RIGHTS. CONTRIBUTIONS TO STATE. INITIATIVE CONSTITUTIONAL AMENDMENT AND STATUTE. Requires Governor to offer renewable 99-year gaming compacts to federally recognized Indian tribes providing: exclusive gaming rights on Indian land; no limits on number of machines, facilities, types of games; contribution to state fund of portion of net tribal gaming income, based on prevailing state corporate tax rate; off-reservation environmental impact reports, public notice/comment opportunities before significant expansion or construction of gaming facilities. Contributions are in lieu of any other fees, taxes or levies. Contributions terminate if state permits non-tribal casino-type gaming. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: This measure would have the following major fiscal effect: Increased state gaming revenues - potentially several hundreds of millions of dollars annually. These revenues could increase significantly over time.

Proponents

Richard Milanovich, c/o Fredric D. Woocher, Esq., Strumwasser & Woocher LLP, 100 Wilshire Blvd ., Ste 1900, Santa Monica, CA 90401, (310) 576-1233

Date

3-11-2004

Document Type

Initiative

Qualified

Failed to Qualify

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