132nd MAINE LEGISLATURE
LD 1851 LR 2166(02)
An Act to Bring Parity Among the Wabanaki Nations Regarding the Generation of Revenues from Gaming
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Veterans and Legal Affairs
Fiscal Note Required: Yes
             
Fiscal Note
FY 2025-26 FY 2026-27 Projections  FY 2027-28 Projections  FY 2028-29
Net Cost (Savings)
General Fund $0 $3,179,647 $3,327,763 $3,314,396
Appropriations/Allocations
Other Special Revenue Funds $0 $3,179,647 $3,327,763 $3,314,396
Revenue
General Fund $0 ($3,179,647) ($3,327,763) ($3,314,396)
Other Special Revenue Funds $0 $3,179,647 $3,327,763 $3,314,396
Fiscal Detail and Notes
This bill reduces the share of gross slot machine revenue deposited to the General Fund from 1% to 0.5% and directs the remaining 0.5% to the Houlton Band of Maliseet Indians and the Mi’kmaq Nation. The bill also provides that if either tribal government receives revenue from internet gaming, the portion of the 0.5% attributable to that government reverts to the General Fund.
If neither tribal government receives internet gaming revenue, General Fund revenue will decrease by $3,179,647 beginning in fiscal year 2026-27 with a corresponding increase in Other Special Revenue Funds revenue. The bill includes an accompanying Other Special Revenue Funds allocation to authorize distribution of this revenue to the specified tribal governments.
If one or both tribal governments receive internet gaming revenue, the General Fund revenue reduction will be partially or fully offset as the redirected revenue reverts to the General Fund. Because the regulatory framework for internet gaming has not been finalized, the fiscal impact of this provision cannot be determined at this time.