Illinois Senate Bill 2606 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 16 2016 - 25% progression, died in committee
Action: 2016-02-16 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Illinois Lottery Law. Requires the Department of the Lottery, on or before the last day of each fiscal year, to deposit any estimated remaining proceeds (rather than any remaining proceeds), after certain payments and transfers are made, into the Capital Projects Fund. Provides that the Department shall increase or decrease its deposit into the Capital Projects Fund each year by the amount that the actual expenditures either fell short of or exceeded the estimate used by the Department in making the deposit for the previous fiscal year. Effective immediately.

LOTTERY-CAPITAL PROJECTS FUND

Sen. Jim Oberweis [R]

Date	Chamber	Action
2016-02-16	Senate	Referred to Assignments
2016-02-16	Senate	First Reading
2016-02-16	Senate	Filed with Secretary by Sen. Jim Oberweis

Chapter	Article	Section	Citation Type	Statute Text
20	1605	9.1	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2606&GAID=13&DocTypeID=SB&SessionID=88&GA=99
Text	https://www.ilga.gov/legislation/99/SB/09900SB2606.htm