IL HB5837

Amends the Video Gaming Act (230 ILCS 40/60) to establish a new distribution formula for video gaming tax revenue above $850,000,000.

Revenue generated after the $850,000,000 threshold shall be distributed as follows: one-sixth to the Department of Human Services Community Services Fund for mental health services and treatment, one-sixth to the Local Government Distributive Fund, and two-thirds to the Capital Projects Fund.

Maintains existing tax structure of 30% base tax on net terminal income plus additional 3% tax (effective July 1, 2019) and 1% tax (effective July 1, 2020).