Bill Sponsor
California Assembly Bill 1935
Session 20232024
Gaming: Indian Gaming Special Distribution Fund.
Active
Active
Passed Senate on Jun 27, 2024
First Action
Jan 25, 2024
Latest Action
Jun 27, 2024
Origin Chamber
Assembly
Type
Bill
Bill Number
1935
State
California
Session
20232024
Sponsorship by Party
Democrat
Author
Assembly Votes (3)
Senate Votes (3)
Summary
Existing law establishes the Indian Gaming Special Distribution Fund for the receipt and deposit of moneys received by the state from Indian tribes pursuant to the terms of tribal-state gaming compacts, to be available for appropriation by the Legislature for programs designed to address gambling addiction, for support of state and local government agencies impacted by tribal gaming, for regulatory costs incurred by the state in connection with the implementation and administration of tribal gaming, and for payment of shortfalls in the Indian Gaming Revenue Sharing Trust Fund. Existing law requires the Department of Finance, in consultation with the California Gambling Control Commission, to annually determine if total revenues estimated for the Indian Gaming Special Distribution Fund are anticipated to exceed estimated expenditures, transfers, reasonable reserves, or other adjustments from the fund for the current fiscal year. If so, the commission, upon approval by the department, is required to apply the excess funds to reduce, eliminate, satisfy, or partially satisfy, on a proportionate basis, the pro rata share payments required to be made to the fund by limited gaming tribes. This bill would, for the 2-year period from July 1, 2023, through June 30, 2025, suspend the payment or collection of any quarterly payments required to be made by any gaming tribe to the fund pursuant to a tribal gaming compact, and would additionally require the commission, at the discretion of the Legislature, to refund any quarterly payment due during that time period that was already made. This bill would declare that it is to take effect immediately as an urgency statute.
Sources
Record Created
Jan 26, 2024 12:17:26 PM
Record Updated
Jun 28, 2024 12:27:24 PM