IL HB5143

Eliminates the per-wager tax on online and mobile sports betting effective July 1, 2026, which currently charges $0.25 per wager for the first 20 million annual wagers and $0.50 per wager thereafter

Amends the Sports Wagering Act to set an end date for the individual wager tax that was implemented beginning July 1, 2025

Maintains existing graduated privilege taxes on adjusted gross sports wagering receipts, ranging from 20% on receipts up to $30 million to 40% on receipts exceeding $200 million

Preserves the separate 2% tax on sports wagers placed within Cook County (population over 3 million), with proceeds directed to enhance the county's criminal justice system