Indiana § 4-29.5-17-3 Class II gaming payments

Indiana Statutes

§ 4-29.5-17-3 — Class II gaming payments

Indiana § 4-29.5-17-3

Art. 29.5TRIBAL-STATE COMPACT WITH THE

Ch. 17Payments to the State in Exchange for Market

This text of Indiana § 4-29.5-17-3 (Class II gaming payments) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 4-29.5-17-3 (2026).

Text

In the event that the Band continues to conduct Class II gaming at its South Bend Site Gaming Facility after the Effective Date of this Compact, beginning with the second full Payment Period the total amount of the Band's payment of Net Win to the State due under section 2 of this chapter shall be in an amount that is not less than:

(1)the total Net Win from all Class III Electronic Games of Chance;

(2)divided by the total number of such Class III Electronic Games of Chance;

(3)multiplied by eighty-five percent (85%) of the total number of all electronic Class II gaming devices and all Class III Electronic Games of Chance in operation on the last day of the Payment Period; and

(4)multiplied by the applicable percentage of Net Win due under section 2 of this chapter.

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In the event that the Band continues to
conduct Class II gaming at its South Bend Site Gaming Facility after
the Effective Date of this Compact, beginning with the second full
Payment Period the total amount of the Band's payment of Net Win to
the State due under section 2 of this chapter shall be in an amount that
is not less than:
(1) the total Net Win from all Class III Electronic Games of
Chance;
(2) divided by the total number of such Class III Electronic
Games of Chance;
(3) multiplied by eighty-five percent (85%) of the total number of
all electronic Class II gaming devices and all Class III Electronic
Games of Chance in operation on the last day of the Payment
Period; and
(4) multiplied by the applicable percentage of Net Win due under
section 2 of this chapter.