127th MAINE LEGISLATURE
		LD 1066		LR 244(01)
	An Act To Provide for the Licensing of a Casino Owned by the Maliseet Tribal Government on Tribal Lands in Aroostook County
	Preliminary Fiscal Impact Statement for Original Bill
	Sponsor: Rep. Bear of Houlton Band of Maliseet Indians
	Committee: Veterans and Legal Affairs
	Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
Contingent future biennium cost increase - General Fund Contingent future biennium cost increase - Other Special Revenue Funds Contingent current biennium revenue increase - General Fund Contingent current biennium revenue increase - Other Special Revenue Funds
Fiscal Detail and Notes
	This legislation allows the Gambling Control Board to accept an application for a casino license from the Houlton Band of Maliseet Indians. Issuance of a license is contingent upon approval by means of a referendum of the voters of Aroostook County. The facility would be taxed at the rate of 34% of net slot income and 16% of net table game income.
	Presented below is an estimate of the potential revenues that may be generated from the new facility and the subsequent distribution of those revenues. This fiscal note assumes a total of 350 slot machines and 10 table games, generating annual revenue of $200,663 for the State's General Fund and $7,195,372 for various other funds. The Gambling Control Board, Other Special Revenue Funds account would also receive license fees of $1,236,000 in the first year and $191,000 for license renewals in subsequent years. Annual state costs associated with 5 inspectors, an auditor and other related expenses are estimated to be $523,510. This bill will require annual General Fund appropriations of $260,824 and Other Special Revenue Funds allocations of $262,686 to the Department of Public Safety to cover these annual state costs.
	This legislation is expected to have only a minor impact on revenues generated by the Hollywood and Oxford Casinos.
						Annual
	Summary of Casino Revenue					Estimate
	Gross Slot Income (total value of money, tokens, credits and other value used to play a slot machine)					$194,818,750
	Player Payback - Slot Income					$174,752,419
	Net Slot Income					$20,066,331
	Share of Net Slot Income for Distribution - 34%					$6,822,552
	Operator Share of Net Slot Income - 66%					$13,243,779
	Net Table Game Income					$3,584,300
	Share of Net Table Game Income for Distribution - 16%					$573,488
	Operator Share of Net Table Game Income - 84%					$3,010,812
						Annual
	State Revenues by Fund					Estimate
	General Fund					$200,663
	Total General Fund Revenue					$200,663
	Gambling Control Board - Table Games					$71,686
	Gambling Control Board - License Fees ($1,236,000 the first year)					$191,000
	Subtotal					$262,686
	University of Maine and Maine Maritime Scholarship Funds					$200,663
	Maine Community College System - Scholarship Funds					$200,663
	Penobscot Nation, Passamaquoddy Tribe and Aroostook Band of Micmacs					$1,805,970
	Town of Houlton					$601,990
	Agricultural Fair Support Fund					$200,663
	Harness Racing Purses					$200,663
	Sire Stakes Fund					$200,663
	Aroostook County					$408,524
	Washington County					$408,524
	Coordinated Veterans Assistance Fund					$344,035
	Dept of Education for K-12					$143,372
	Presque Isle					$200,663
	Fort Kent					$200,663
	Fort Fairfield					$200,663
	Caribou					$200,663
	Mars Hill					$200,663
	Madawaska					$200,663
	Machias					$200,663
	Calais					$200,663
	Eastport					$200,663
	Jonesport					$200,663
	Lubec					$200,663
	Danforth					$200,663
	Total Other Special Revenue Funds Revenue					$7,386,372
	Total Revenue All Funds					$7,587,035
	Summary of Expenditure Impacts to the State
	General Fund
	-- Public Safety					$260,824
	Other Special Revenue Funds
	-- Public Safety					$262,686
	Total Expenditures					$523,510