SB1894 Summary

• Changes profit-sharing requirements for video gaming terminals in licensed veterans establishments from a 50-50 split to 45% terminal operator, 50% veterans establishment, and 5% to affiliated veterans service organizations.

• Requires that 75% of the 5% payment to veterans service organizations must be used by those organizations' veterans services offices.

• Distributes the 5% veterans service organization payment in proportion to each organization's previous year's claims processed.

• Requires veterans service organizations to provide documentation to the Illinois Gaming Board upon request showing compliance with spending requirements for received funds.

• Defines "veterans service organization" by reference to Section 10.8 of the Illinois Lottery Law.