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| | HR1129 | | LRB100 22153 MST 40563 r |
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1 | | HOUSE RESOLUTION
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2 | | WHEREAS, The areas in and around a casino can sometimes be |
3 | | unstable; the housing market can be volatile, the residents |
4 | | often face high taxes, and there is frequently a proliferation |
5 | | of video gaming establishments; and
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6 | | WHEREAS, When a casino is placed within a
border community |
7 | | or a low-income community, it is expected that the casino will |
8 | | generate enough income
to sustain itself and stabilize the |
9 | | surrounding housing market, reduce taxes, and encourage small
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10 | | business investment; and
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11 | | WHEREAS, Small businesses are barely surviving in the south
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12 | | suburbs, and with potential casinos comes the need for new |
13 | | measures to spur the economy and
provide new jobs; therefore, |
14 | | be it
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15 | | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE |
16 | | HUNDREDTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that we |
17 | | urge COGFA and the Illinois Gaming Board to conduct a study on |
18 | | the impact of placing a casino in the south suburbs, |
19 | | specifically on what the casino's impact would be on the local |
20 | | housing market, taxes, and minority-owned and small |
21 | | businesses; and be it further
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