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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