Currently, funds from the Indian Gaming Education Revenue Fund (Fund) in GS 143C-9-7 are to be used for the sole purpose of educating children in the classroom.  Now, in addition to education spending, requires quarterly allocations from the Fund to the NC State Commission of Indian Affairs (Commission), the non-gaming Indian tribes recognized by the State in GS Chapter 71A, and the four Urban Indian Organizations that are members of the Commission to be used for Commission operating expenses and to support cultural and economic development. Renames the “Indian Gaming Education Revenue Fund” to the “Indian Gaming Fund.” Makes conforming changes throughout, including to statute's title.  
Appropriates the following from the Fund:

$2 million from the Fund to the Department of Administration, to the Commission in recurring funds for each year of the 2025-27 biennium for operating expenses and programs.
$5.25 million from the Fund to OBSM in recurring funds for each year of the 2025-27 fiscal biennium to be divided equally amongst the seven named non-gaming Indian tribes to provide directed grants for cultural, educational, and economic development.
$400,000 from the Fund to OBSM in recurring funds for each year of the 2025-27 biennium to be divided equally amongst the four named Urban Indian Organizations to provide directed grants for cultural, educational, and economic development.
$100,000 from the Fund for each year of the 2025-27 fiscal biennium to support the State Advisory Council on Indian Education.
Appropriates $1.1 million from the Fund to OBSM for the 2025-26 fiscal year to provide directed grants to the two listed Tribes and one listed school.

Effective July 1, 2025.