Revenue Sharing Trust Fund

Indian gaming special distribution fund to the indian gaming revenue.

Revenue sharing trust fund. In addition to sales loads 12b 1 fees networking omnibus and processing fees ubs financial services inc. Indian gaming revenue sharing trust fund rstf list of eligible tribes. Fifty million dollars 50 000 000 is hereby transferred from the. It s a good time to be a tribal casino in california.

Revenue sharing trust fund rstf report of distribution of funds to eligible recipient indian tribes for the quarter ended march 31 2020 all eligible tribes will be allocated a total of 275 000 00 which consists entirely of rstf payments and interest income. Indian gaming special distribution fund sdf notification of available fund balances for the indian gaming special distribution fund california gambling control commission may 20 2020. Therefore no shortfall funds have been. Sharing trust fund and is hereby appropriated from that fund to the.

S are deposited by the department of revenue. California gambling control commission for distribution to each. Quarterly and annual shortfall reports. There is established in the treasury of the united states a trust fund to be known as the deep seabed revenue sharing trust fund hereinafter in this section referred to as the trust fund consisting of such amounts as may be appropriated or credited to the trust fund as provided in this section.

The california gambling control commission has a positive outlook on the california indian gaming revenue sharing trust fund for the third consecutive year. The revenue sharing trust fund which provides funds for non gaming tribes in california and the indian gaming special distribution fund sdf which provides critical funding for local governments and special districts impacted by tribal government gaming gambling addiction programs and state regulatory costs. The original 1999 tribal state compact created two separate funds. S into which fund the revenues derived from the tax on motor fuel levied by s.

The revenue sharing trust fund for municipalities is created and established by s. In plain english revenue sharing is the practice of padding a mutual fund s expense ratio with general plan administration marketing and other non investment related fees leaving these expenses to be absorbed by participants who choose to invest in that fund. Revenue sharing trust fund report of distribution of funds to non compact tribes for the quarter ended september 30 2003 10 22 2003 special distribution fund and indian gaming revenue sharing trust fund report to legislature per assembly bill 673 chapter 210 statutes of 2003 government code 12012 90 8 25 03.