Loading chat...
IL SB2781
Bill
Status
Introduced
1/13/2026
Primary Sponsor
Patrick Joyce
Click for details
AI Summary
- Amends the Illinois Gambling Act to expand the definition of "adjusted gross receipts" used for calculating gambling taxes
- Allows casinos to deduct cash paid out as winnings to wagerers from their gross receipts
- Permits deduction of actual costs for merchandise or services provided to wagerers as incentives
- Allows deduction of voided or cancelled wagers from taxable receipts
- Permits deduction of free play and promotional credits redeemed by wagerers, replacing the previous simpler definition of "gross receipts less winnings paid to wagerers"
Legislative Description
GAMBLING-ADJUST GROSS RECEIPTS
Last Action
Rule 2-10 Committee Deadline Established As March 27, 2026
3/13/2026
Committee Referrals
Executive2/3/2026
Assignments1/13/2026
Full Bill Text
No bill text available