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IL SB3742

Bill

Official Source

Status

Failed

1/13/2021

Primary Sponsor

Cristina Castro

Click for details

Origin

Senate

101st General Assembly

AI Summary

  • Changes the effective date for new casino/riverboat privilege tax rates from when new owners begin operations to January 1, 2020.

  • Requires the Illinois Gaming Board to calculate privilege taxes owed under both the old and new tax rates from January 1, 2020 until the bill's effective date, and credit any overpaid amounts against future tax obligations.

  • Takes effect immediately upon becoming law.

Legislative Description

GAMING-TAX RATES

Last Action

Session Sine Die

1/13/2021

Committee Referrals

Assignments4/12/2020
Executive3/12/2020
Assignments2/14/2020

Full Bill Text

No bill text available