S.487 - Indian Gaming Regulatory Act Amendments Act of 1995104th Congress (1995-1996)
|Sponsor:||Sen. McCain, John [R-AZ] (Introduced 03/02/1995)|
|Committees:||Senate - Indian Affairs|
|Committee Reports:||S. Rept. 104-241|
|Latest Action:||Senate - 03/14/1996 Placed on Senate Legislative Calendar under General Orders. Calendar No. 346. (All Actions)|
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Summary: S.487 — 104th Congress (1995-1996)All Information (Except Text)
Reported to Senate with amendment(s) (03/14/1996)
Indian Gaming Regulatory Act Amendments Act of 1995 - Amends the Indian Gaming Regulatory Act to revise definitions.
Establishes (in lieu of the National Indian Gaming Commission) the Federal Indian Gaming Regulatory Commission as an independent U.S. agency. Directs the Commission to establish minimum Federal standards for background investigations, internal control systems, and licensing. Grants the Commission investigatory authority.
Sets forth the regulatory framework for class II and III gaming.
Directs the President to establish the Advisory Committee on Minimum Regulatory Requirements and Licensing Standards.
Sets forth requirements for: (1) licensing; (2) conduct of class I, II, and III gaming on Indian lands; and (3) contract review.
Sets forth civil penalty and judicial review provisions.
Funds the Commission from authorized appropriations and class II and III gaming fees.
Applies specified tax withholding and bank reporting requirements to Indian gaming operations. Requires the Commission to make certain law enforcement information available to State and tribal authorities.