REFERENDUM ON AMENDMENT TO INDIAN GAMING COMPACT.
A "Yes" vote approves, and a "No" vote rejects, a law that:
- Ratifies amendment to existing gaming compact between the state and Agua Caliente Band of Cahuilla Indians; amendment would permit tribe to operate 3,000 additional slot machines;
- Omits certain projects from scope of California Environmental Quality Act; amendment provides for Tribal Environmental Impact Report and intergovernmental procedure to address environmental impact;
- Revenue paid by tribe to be deposited in General Fund; tribe would make $23,400,000 annual payment and pay percentage of revenue generated from the additional slot machines to the state.
SUMMARY OF LEGISLATIVE ANALYST'S ESTIMATE OF NET STATE AND LOCAL GOVERNMENT FISCAL IMPACT:
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Net increase in annual state government revenues probably in the tens of millions of dollars, growing over time through 2030.
- For local governments in Riverside County, potential net increase of revenues due to economic growth and potential increased payments from the tribe to offset higher costs.
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