§ 16-1.08. Use of gaming revenue

(a) Net revenue from tribal gaming shall be used only for the purposes set forth in this section.

(1) To fund tribal government operations and programs;

(2) To provide for the general welfare of the Tribe and its members;

(3) To promote tribal economic development; and

(4) To donate to charitable organizations.

(b) The Tribe has elected to make per capita payments, in the amount of 50% of distributable net revenue from both Class II and Class III gaming activities, to enrolled tribal members, and shall authorize and issue such payments only in accordance with a revenue allocation plan submitted to and approved by the Secretary of the Interior under 25 U.S.C. § 2710(b)(3), as set forth in chapter 16C of the Cherokee Code.

(c) Nothing in this section shall be construed to require that a gaming operation or the Commission distribute funds that are not distributable net revenue.

(Ord. No. 710, 10-13-2005; Ord. No. 244, 8-8-2012)