§ 514.3. What is the maximum fee rate?
109 words·~1 min read·
/us/cfr/t25/s§ 514.3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)The rates of fees imposed shall be---
(1)No more than 2.5% of the first \$1,500,000 of the assessable gross revenues from each gaming operation; and
(2)No more than 5% of amounts in excess of the first \$1,500,000 of the assessable gross revenues from each gaming operation.
(b)If a tribe has a certificate of self-regulation, the rate of fees imposed on assessable gross revenues from the class II gaming activity shall be no more than 0.25%.
(c)The total amount of all fees imposed on assessable gross revenues during any fiscal year shall not exceed 0.08% of the assessable gross gaming revenues of all gaming operations.