IL SB3542 | 2009-2010 | 96th General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 10 2010 - 25% progression, died in committee
Action: 2010-03-08 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Riverboat Gambling Act. Provides that, if the licensed owner of a riverboat in operation on January 1, 2009 has a capital project of at least $75,000,000 that is approved by the Illinois Gaming Board in calendar years 2006 through 2009, then no admissions tax is imposed on admissions to that riverboat. Provides that, if no admissions tax is imposed on admissions to a riverboat, then in addition to the current privilege tax, a privilege tax of 1% of adjusted gross receipts is imposed on that riverboat, the proceeds of which shall be paid monthly to the unit of local government that is designated as the home dock of the riverboat upon which those riverboat gambling operations are conducted. Effective immediately.

Tracking Information

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Title

RIVERBOATS-ADMISSN TAX EXEMPT

Sponsors


History

DateChamberAction
2010-03-08 Rule 3-9(a) / Re-referred to Assignments
2010-03-04 To Gaming Subcommittee on Gaming Activities
2010-02-24 Assigned to Gaming
2010-02-10 Referred to Assignments
2010-02-10 First Reading
2010-02-10 Filed with Secretary by Sen. Mike Jacobs

Illinois State Sources


Bill Comments

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