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IL SB1797
Bill
Status
Introduced
2/20/2009
Primary Sponsor
John Sullivan
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AI Summary
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Deletes "recapture provisions" from the Illinois Horse Racing Act of 1975 that would have allowed wagering facilities to receive payments from purse accounts when total Illinois pari-mutuel handle falls below 75% of 1994 levels.
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Removes Section 26(g)(13) which established a mechanism for the Board to certify and distribute compensatory payments to eligible wagering facilities experiencing handle declines.
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Makes the deletion effective immediately upon enactment.
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Affects the allocation of pari-mutuel wagering revenue and purse account funding for Illinois horse racing operations.
Legislative Description
HORSE RACING-DELETE RECAPTURE
Last Action
Rule 3-9(a) / Re-referred to Assignments
4/3/2009
Committee Referrals
Assignments4/3/2009
Gaming3/4/2009
Assignments2/20/2009
Full Bill Text
No bill text available