Attorney General No.

SA98RF0007

Secretary of State No.

815

Description

GAMING. 3,000 PALM SPRINGS VIDEO SLOT MACHINES. INITIATIVE CONSTITUTIONAL AMENDMENT AND STATUTE. Amends Constitution to permit voter-approved casino gambling statutes. Authorizes up to 3,000 video slot machines in Palm Springs, if all forms of permitted gambling and games were conditionally approved by majority of Palm Springs' voters prior to January 1, 1996. Requires two-thirds voter approval at local level for new or expanded cardrooms. Taxes video slot machine revenues; requires taxes be allocated statewide for local public safety purposes. If conflicting regulatory scheme on ballot is approved by more votes, non-conflicting provisions of this measure are severable. Measure supersedes specified legislative regulatory schemes. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local government: This measure would result in potential significant increases in annual state and local government revenues to the extent there is a large diversion of gambling activity from other states to California. It could also result in increases in local revenues statewide for public safety functions by up to tens of millions of dollars annually from gross revenue tax on video gambling machines in Palm Springs.

Proponents

James A. Taylor California Gaming Control Committee, 455 Capitol Mall, Suite 801, Sacramento, Ca 95814

Date

3-30-1998

Document Type

Initiative

Qualified

Failed to Qualify

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