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AgdaPkt 2002-09-09
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AgdaPkt 2002-09-09
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Last modified
7/5/2005 2:53:53 PM
Creation date
9/5/2002 1:50:35 PM
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CC Index
CC Index - Document Type
Agenda Packet
Agency Type
City Council
Date
9/9/2002
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TORT "UN-REFORM" PROPOSAL GAMBLING COMMISSION TO CONSIDER <br /> STILL LIVES "NET WIN" DEFINITIONS <br />Last week we reported about a new proposal Cities wffh a tribal casino located within, or <br />by the trial lawyers that would combine a number adjacent to, their boundaries, may wish to consider <br />of separate tort reform bills into one package, thus sending a letter to the California Gambling Control <br />virtually eliminating the ability of legislators to vote Commission expressing their interest in the <br />individual bills up or down. Of particular interest Commission's adoption of the Amedcan Institute of <br />and concern to cities are two pieces of this pack- Certified Public Accountants (AICPA) definition of "net <br />age: changes to summary judgment law and an win" (a percentage of tribal casino slot machine <br />extension of the statute of limitation for filing revenues). <br />personal injury lawsuits. Unfortunately, even at <br />this late date in the legislative year, there is no On August 27, 2002, the Commission will discuss <br />language to review, and no bill number. The their interpretation of those sections of the Tribal- <br />summary judgment piece of the bill may include all State Gaming Compact (Compact) related to the <br />or parts of what is currently in SB 476 (Escutia), "net win." Current law authorizes the legislature to <br />which stalled in the Assembly. allocate a percentage of "net win" revenues to local <br /> governments for mitigation of tdbal gaming impacts. <br />The impacts of changes in the summary Therefore, the Commission's ultimate interpretation <br />judgment law, no matter how narrowly or broadly of "net win" will directly impact the amount of money <br />drafted, could have profound impacts on local available for allocation. <br />governments faced with frivolous lawsuits. Nar- <br />rowing the'law would make it more difficult for Given the current allocation formula in the Corm <br />cities to have meritless lawsuits dismissed (i.e., pact, there should be approximately $40-$80 million <br />obtain a summary judgment), in the Fund when monies are transferred for the first <br /> time in 2002 (two years from the effective date of the <br />Cities should continue to make their voices Compact). This broad estimate accounts for <br />heard on this ill-conceived and costly proposal that potentially vaded interpretations of the definition of <br />could impact city budgets. Immediate phone "net win." According to Commission staff, who have <br />calls to Assembly Members and Senators ars utilized the AICPA definition of net win, the deductions <br />needed. Tell your legislators to oppose any tdbes have insisted should be included within the <br />proposal that makes changes to existing law definition of"net win" are related to operating ex- <br />regarding summary judgment or the statute of penses rather than a revenue-reporting concept, and <br />limitation on personal injury lawsuits. Staff: therefore underestimate "net win." <br />Yvonne Hunter; Status: Pending in Assembly; <br />Position: Oppose Following a recent Commission meeting, the <br /> League sent a letter to the Commission requesting <br /> adoption of the AICPA definition of net win. This is <br /> the first step in the process of ultimately receiving <br /> funding for cdtical transportation and public safety <br /> projects related to tdbal gaming in communities <br /> throughout the state. If you ara interested in receiv- <br /> ing a copy of the League letter, please contact Aaron <br /> Ferguson, 916/658-8249, fergusa~,cacities.or.q. If <br /> you ara interested in attending the Commission <br /> meeting on August 27, visit www. cgcc.ca..qov for <br /> additional information. <br /> <br /> Restore ano protect tocal control for cities t,~rough education and advocacy to enhance the quality Of life for all Californians, <br /> <br />PAGE 2/PRIORITY FOCUS Visit the League's Official Web Site--www.cacities.org <br /> <br /> <br />
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