25 Year Pilot Program For Casino Gambling.

25 YEAR PILOT PROGRAM FOR CASINO GAMBLING. INITIATIVE CONSTITUTIONAL AMENDMENT. Creates pilot experimental casino-type gambling project limited to California City, Kern County, and one Indian reservation selected by majority-vote of sovereign Indian tribes. After 25 years, Legislature may expand or eliminate gaming. Provides that measure repeals conflicting constitutional or statutory prohibitions. Provides for three-member gaming commission appointed by Governor for four-year terms, with specified powers, duties, salaries, staff. Mandates Legislature to enact specified gaming laws. Authorizes California City to permit gambling locally with city licenses and state permits. Requires permittees to pay annual permit fee set by Legislature. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: This measure could result in revenues to the state and local governments -- potentially in the tens of millions of dollars annually -- from fees and taxes associated with casino-type operations and other related economic activity. Some of the increased revenues would be offset by state and local regulatory costs and, potentially, by reduced lottery and horse-racing-related revenues