First Payments of Oneida Nation and New York Landmark Agreement Begin

ICTMN Staff
3/19/14

A week after the historical agreement between the Oneida Indian Nation and New York state was finalized, Governor Andrew M. Cuomo and the Nation marked the formal approval of the settlement with the first of substantial dedicated payments to Madison and Oneida counties.

RELATED: Oneida Nation and New York Agreement Gets Final Approval

On March 11, Cuomo and Ray Halbritter, Oneida Nation representative and CEO of Nation Enterprises, parent company of Indian Country Today Media Network, announced the transfer of $11 million to Madison County to settle tax claims according to a New York state press release. Madison County will also be receiving annual payments of $3.5 million from the state pursuant to the agreement. Oneida County will begin receiving its annual payments in April of approximately $10-$12 million from the state’s share of revenue from the Nation’s net win from slot machines. The release also says, “that the state will provide Oneida County with an additional $2.5 million for the next 19 and ¼ years to cover tax claims.”

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