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IL SB1986

Bill

Official Source

Status

Introduced

2/20/2009

Primary Sponsor

John Sullivan

Click for details

Origin

Senate

96th General Assembly

AI Summary

  • Removes the sunset provision that would have ended owners' license obligations to pay a 3% impact fee on adjusted gross receipts to the Horse Racing Equity Trust Fund.

  • Eliminates language requiring 15% of adjusted gross receipts from certain owners licensees to be paid from the State Gaming Fund to the Horse Racing Equity Trust Fund.

  • Prohibits the Board from making changes to Horse Racing Equity Trust Fund payment requirements without express authority from the Illinois General Assembly.

Legislative Description

RIVERBOATS-IMPACT FEE

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