The National Indian Gaming Commission has announced its preliminary annual fee rate for 2007.

The agency will collect 0.00 percent of revenues from tribes in the Tier 1 category and 0.59 percent of revenues from tribes in the Tier 2 category. Tribes with a certificate of self-regulation will be assessed a 0..0295 percent fee, which is half of the Tier 2 fee.

The fees are used to fund NIGC's budget. "With the enactment of Public Law 109-221 last year, the NIGC budget may fluctuate in proportion to the Indian gaming industry. Previously, the NIGC was capped at $12 million a year, which we were approaching," said Phil Hogen, the chairman of the agency.

"While the industry continued to grow and the needs of the NIGC for resources to provide comprehensive oversight have similarly grown, passage of this legislation has made available adequate funding to the NIGC," he added.

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NIGC Announces 2007 Preliminary Fee Rate (NIGC 2/27)