IL HB5438 | 2009-2010 | 96th General Assembly
Status
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on February 4 2010 - 25% progression, died in committee
Action: 2010-02-05 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 4 2010 - 25% progression, died in committee
Action: 2010-02-05 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the State Finance Act. Provides that, if a municipality or county prohibits video gaming pursuant to the Video Gaming Act, then (i) capital projects and the payment of debt service on bonds issued for capital projects within the municipality or county may not be funded from proceeds of video gaming that are deposited into the Capital Projects Fund and (ii) the proceeds of video gaming that are deposited into the Capital Projects Fund may not be used for the purpose of paying and discharging the principal and interest on bonded indebtedness for bonds issued for capital projects within the municipality or county. Effective immediately.
Title
VIDEO GAMING OPT-OUT-FUNDS
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-02-05 | Referred to Rules Committee | |
| 2010-02-05 | First Reading | |
| 2010-02-04 | Chief Co-Sponsor Rep. Brandon W. Phelps | |
| 2010-02-04 | Chief Co-Sponsor Rep. Angelo Saviano | |
| 2010-02-04 | Filed with the Clerk by Rep. Dan Reitz |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5438&GAID=10&DocTypeID=HB&SessionID=76&GA=96 |
| Text | https://www.ilga.gov/legislation/96/HB/09600HB5438.htm |
