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�� <br /> g' � <br /> Legislative Analyst's Office <br /> 7 / 15 /04:8:50 am <br /> slot machines or operate fewer than 350 mach�� FINAL <br /> $100 million annually. Under these com acts �� PaY��� total over <br /> environmental study anal z� P ��bes are required to prepare an <br /> expanded gambling facili y g � e � °n �e sunounding area of an <br /> tY• These compacts wiI1 expire in 2020. Y new or <br /> 2UD4 Compacts. In the summer of 2004 <br /> compacts, and these revised a •�ve tribes sfgned amendments to their <br /> agreements, these tribes ma ��ments were approved by the state. Under these new <br /> tnbes make a s �• Y°Perate as many slot machines as they desire. In exchange, <br /> each slot ma � fied payment annually to the state, with additional a. <br /> chine added to their facilities. p yments for <br /> Payments to the state are ex � additional tribes s�gn Simlja�, compacts, <br /> annually. Unlike the a �ed to total in the hundreds of millio� of dollars <br /> payments Eor an p�en� required by the 2999 co� a <br /> more detailed envirorunental studles (2) n e o a p�' �e state can use t�� <br /> P lso require the ttibes to 1 <br /> PaYments addressin 8 hate with Jo�al ove �� Prepare <br /> 8�he impacts of new gambling faailities n the ��co� rding <br /> and (3) follow other provisions relat <br /> relat�� Th�se �?hr� � .. �� ��i to �� utes � m �hes�,„, <br /> , ' � g�"e �rr� ire in`��p,�e�� . �Zl+�u� � e�art+� la"�or �3 t .:. <br /> . rs <br /> ' ,�.. .�� �3� �ter,th�r� � <br /> � 1�9 �pa,� �` <br /> _ I�RC��oS�Et - _ .. ....... ��.� ..: ; ,,::� ::=��� �_� :.. .._:::_ �... <br /> _ _ �.�:; <br /> This measure� whi�h,� <br /> pd�sib�� � nt � ��ate C � � � � �� . <br /> : , _. ��I�r�g��g �� state � � � �d �#� s���� �t� �ap � . �,�' <br /> mb� : $'.: , �s. � , � ' � ��' ..�.. � ; ��' <br /> Th�-fir�t scien°arii� w���cl occur only lf all Indian tri �, <br /> , ; .,, � � � <br /> specified revisions to their existing compacts. beS �'`' compacts agree to <br /> • The second scenario would be triggered if the tribes do not a <br /> revisions, In t� �a�� 5 existing racetracks and 11 existin �ee to the <br /> be allowed to operate slot machines, g card rooms would <br /> These two scenarios are discvssed below. <br /> Revision of Current Tribal-State Compacts <br /> Under the first scenario, all compact tribes would be re ui <br /> Governor to terms required by this measure wi 9 red to agree with the <br /> the measure requires that all tribes �with compacts ag � t i f i a <br /> Y Passage. Specifically, <br /> "net win" to the Gamin g R e v e n u e T r u s t Fun d �� P Y� p e r c e n t o f t heir <br /> measure) and (2) comply with certain state laws, includin <br /> GRTF, a state fund established by the <br /> environmentaI protection, gambling regu1ation, and political cam ' <br /> Net win is defined as the wagerin revenu g��� governing <br /> after prizes are paid out, but prio �o the a hom all slot machinesopera ed a be <br /> federal law, the federaI government wou d have o apProve he rex <br /> Penses. Under <br /> evised agreements. <br /> - � ---� _;-,- �...f� :•,..,- --�-- <br /> � � ..� .. . _., •,.a � . � � �,,.: ;,�; .. �L: :'`a 1 <br /> ` �° f f r� T \ !'^ .'r� .� <br /> S? � �ar� "•;�.I .'�w� t � ' ` t . ` � '-. •'? � <br /> � � �� �. � e::" ... �,:': .�' tt` . �,. �.., �,. Pa�e 2 of 6 <br />