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1 | AN ACT in relation to gambling.
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2 | Be it enacted by the People of the State of Illinois, | ||||||||||||||||||||||||||||
3 | represented in the General Assembly:
| ||||||||||||||||||||||||||||
4 | Section 5. The Riverboat Gambling Act is amended by | ||||||||||||||||||||||||||||
5 | changing Sections
7, 7.1, and 13 as follows:
| ||||||||||||||||||||||||||||
6 | (230 ILCS 10/7) (from Ch. 120, par. 2407)
| ||||||||||||||||||||||||||||
7 | Sec. 7. Owners Licenses.
| ||||||||||||||||||||||||||||
8 | (a) The Board shall issue owners licenses to persons, firms | ||||||||||||||||||||||||||||
9 | or
corporations which apply for such licenses upon payment to | ||||||||||||||||||||||||||||
10 | the Board of the
non-refundable license fee set by the Board, | ||||||||||||||||||||||||||||
11 | upon payment of a $25,000
license fee for the first year of | ||||||||||||||||||||||||||||
12 | operation and a $5,000 license fee for
each succeeding year and | ||||||||||||||||||||||||||||
13 | upon a determination by the Board that the
applicant is | ||||||||||||||||||||||||||||
14 | eligible for an owners license pursuant to this Act and the
| ||||||||||||||||||||||||||||
15 | rules of the Board. A person, firm or corporation is ineligible | ||||||||||||||||||||||||||||
16 | to receive
an owners license if:
| ||||||||||||||||||||||||||||
17 | (1) the person has been convicted of a felony under the | ||||||||||||||||||||||||||||
18 | laws of this
State, any other state, or the United States;
| ||||||||||||||||||||||||||||
19 | (2) the person has been convicted of any violation of | ||||||||||||||||||||||||||||
20 | Article 28 of the
Criminal Code of 1961, or substantially | ||||||||||||||||||||||||||||
21 | similar laws of any other jurisdiction;
| ||||||||||||||||||||||||||||
22 | (3) the person has submitted an application for a | ||||||||||||||||||||||||||||
23 | license under this
Act which contains false information;
| ||||||||||||||||||||||||||||
24 | (4) the person is
a member of the Board;
| ||||||||||||||||||||||||||||
25 | (5) a person defined in (1), (2), (3) or (4) is an | ||||||||||||||||||||||||||||
26 | officer, director or
managerial employee of the firm or | ||||||||||||||||||||||||||||
27 | corporation;
| ||||||||||||||||||||||||||||
28 | (6) the firm or corporation employs a person defined in | ||||||||||||||||||||||||||||
29 | (1), (2), (3) or
(4) who participates in the management or | ||||||||||||||||||||||||||||
30 | operation of gambling operations
authorized under this | ||||||||||||||||||||||||||||
31 | Act;
| ||||||||||||||||||||||||||||
32 | (7) (blank); or
|
| |||||||
| |||||||
1 | (8) a license of the person, firm or corporation issued | ||||||
2 | under
this Act, or a license to own or operate gambling | ||||||
3 | facilities
in any other jurisdiction, has been revoked.
| ||||||
4 | (b) In determining whether to grant an owners license to an | ||||||
5 | applicant, the
Board shall consider:
| ||||||
6 | (1) the character, reputation, experience and | ||||||
7 | financial integrity of the
applicants and of any other or | ||||||
8 | separate person that either:
| ||||||
9 | (A) controls, directly or indirectly, such | ||||||
10 | applicant, or
| ||||||
11 | (B) is controlled, directly or indirectly, by such | ||||||
12 | applicant or by a
person which controls, directly or | ||||||
13 | indirectly, such applicant;
| ||||||
14 | (2) the facilities or proposed facilities for the | ||||||
15 | conduct of riverboat
gambling;
| ||||||
16 | (3) the highest prospective total revenue to be derived | ||||||
17 | by the State
from the conduct of riverboat gambling;
| ||||||
18 | (4) the extent to which the ownership of the applicant | ||||||
19 | reflects the
diversity of the State by including minority | ||||||
20 | persons and females
and the good faith affirmative action | ||||||
21 | plan of
each applicant to recruit, train and upgrade | ||||||
22 | minority persons and females in all employment | ||||||
23 | classifications;
| ||||||
24 | (5) the financial ability of the applicant to purchase | ||||||
25 | and maintain
adequate liability and casualty insurance;
| ||||||
26 | (6) whether the applicant has adequate capitalization | ||||||
27 | to provide and
maintain, for the duration of a license, a | ||||||
28 | riverboat;
| ||||||
29 | (7) the extent to which the applicant exceeds or meets | ||||||
30 | other standards
for the issuance of an owners license which | ||||||
31 | the Board may adopt by rule;
and
| ||||||
32 | (8) The amount of the applicant's license bid.
| ||||||
33 | (c) Each owners license shall specify the place where | ||||||
34 | riverboats shall
operate and dock.
| ||||||
35 | (d) Each applicant shall submit with his application, on | ||||||
36 | forms
provided by the Board, 2 sets of his fingerprints.
|
| |||||||
| |||||||
1 | (e) In addition to any licenses authorized under subsection | ||||||
2 | (e-5), the
The Board may issue up to 10 licenses authorizing | ||||||
3 | the holders of such
licenses to own riverboats. In the | ||||||
4 | application for an owners license, the
applicant shall state | ||||||
5 | the dock at which the riverboat is based and the water
on which | ||||||
6 | the riverboat will be located. The Board shall issue 5 licenses | ||||||
7 | to
become effective not earlier than January 1, 1991. Three of | ||||||
8 | such licenses
shall authorize riverboat gambling on the | ||||||
9 | Mississippi River, or, with approval
by the municipality in | ||||||
10 | which the
riverboat is docked on August 7, 2003,
the effective | ||||||
11 | date of this amendatory Act of the 93rd
Assembly,
in a
| ||||||
12 | municipality that (1) borders on the Mississippi River or is | ||||||
13 | within 5
miles of the city limits of a municipality that | ||||||
14 | borders on the Mississippi
River and (2), on August 7, 2003,
| ||||||
15 | the effective date of this amendatory Act of the 93rd General
| ||||||
16 | Assembly, has a riverboat conducting riverboat gambling | ||||||
17 | operations pursuant to
a license issued under this Act; , one of | ||||||
18 | which shall authorize riverboat
gambling from a home dock in | ||||||
19 | the city of East St. Louis. One other license
shall
authorize | ||||||
20 | riverboat gambling on
the Illinois River south of Marshall | ||||||
21 | County. The Board shall issue one
additional license to become | ||||||
22 | effective not earlier than March 1, 1992, which
shall authorize | ||||||
23 | riverboat gambling on the Des Plaines River in Will County.
The | ||||||
24 | Board may issue 4 additional licenses to become effective not
| ||||||
25 | earlier than
March 1, 1992. In determining the water upon which | ||||||
26 | riverboats will operate,
the Board shall consider the economic | ||||||
27 | benefit which riverboat gambling confers
on the State, and | ||||||
28 | shall seek to assure that all regions of the State share
in the | ||||||
29 | economic benefits of riverboat gambling.
| ||||||
30 | In granting all licenses, the Board may give favorable | ||||||
31 | consideration to
economically depressed areas of the State, to | ||||||
32 | applicants presenting plans
which provide for significant | ||||||
33 | economic development over a large geographic
area, and to | ||||||
34 | applicants who currently operate non-gambling riverboats in
| ||||||
35 | Illinois.
The Board shall review all applications for owners | ||||||
36 | licenses,
and shall inform each applicant of the Board's |
| |||||||
| |||||||
1 | decision.
| ||||||
2 | (e-5) In addition to licenses authorized under
subsection | ||||||
3 | (e), the Board may issue one owners license authorizing the | ||||||
4 | conduct of riverboat gambling operations from
a home dock in | ||||||
5 | the City of East St. Louis. The ownership of a
license issued | ||||||
6 | under this subsection (e-5) shall be
constituted of at least | ||||||
7 | 51% minority person ownership and at
least 25% local person | ||||||
8 | ownership. For the purposes of this
subsection (e-5), the term | ||||||
9 | "minority person" has the meaning
provided in Section 2 of the | ||||||
10 | Business Enterprise for
Minorities, Females, and Persons with | ||||||
11 | Disabilities Act and
the term "local person" means a person | ||||||
12 | whose primary
residence is in Madison or St. Clair County or a | ||||||
13 | corporation
or firm that has its primary place of business in | ||||||
14 | Madison or
St. Clair County.
| ||||||
15 | (e-10) The Board may grant an owners license to an
| ||||||
16 | applicant that has not submitted the highest license bid, but | ||||||
17 | if it does not
select the highest bidder, the Board shall issue | ||||||
18 | a written decision explaining
why another
applicant was | ||||||
19 | selected and identifying the factors set forth in this Section
| ||||||
20 | that favored the winning bidder.
| ||||||
21 | In addition to any other revocation powers granted to the | ||||||
22 | Board under this
Act,
the Board may revoke the owners license | ||||||
23 | of a licensee which fails
to begin conducting gambling within | ||||||
24 | 15 months
of receipt of the
Board's approval of the application | ||||||
25 | if the Board determines that license
revocation is in the best | ||||||
26 | interests of the State.
| ||||||
27 | (f) Owners
The first 10 owners licenses issued under this | ||||||
28 | Act shall permit the
holder to own up to 2 riverboats and | ||||||
29 | equipment thereon
for a period of 3 years after the effective | ||||||
30 | date of the license. Holders of
the first 10 owners licenses | ||||||
31 | must pay the annual license fee for each of
the 3
years during | ||||||
32 | which they are authorized to own riverboats.
| ||||||
33 | (g) Upon the termination, expiration, or revocation of each | ||||||
34 | owners license
of the first
10 licenses , which shall be issued | ||||||
35 | for a 3 year period, all licenses are
renewable annually upon | ||||||
36 | payment of the fee and a determination by the Board
that the |
| |||||||
| |||||||
1 | licensee continues to meet all of the requirements of this Act | ||||||
2 | and the
Board's rules.
However, for licenses renewed on or | ||||||
3 | after May 1, 1998, renewal shall be
for a period of 4 years, | ||||||
4 | unless the Board sets a shorter period.
| ||||||
5 | (h) An owners license shall entitle the licensee to own up | ||||||
6 | to 2
riverboats. A licensee shall limit the number of gambling | ||||||
7 | participants to
1,200 for any such owners license.
A licensee | ||||||
8 | may operate both of its riverboats concurrently, provided that | ||||||
9 | the
total number of gambling participants on both riverboats | ||||||
10 | does not exceed
1,200. Riverboats licensed to operate on the
| ||||||
11 | Mississippi River and the Illinois River south of Marshall | ||||||
12 | County shall
have an authorized capacity of at least 500 | ||||||
13 | persons. Any other riverboat
licensed under this Act shall have | ||||||
14 | an authorized capacity of at least 400
persons.
| ||||||
15 | (i) A licensed owner is authorized to apply to the Board | ||||||
16 | for and, if
approved therefor, to receive all licenses from the | ||||||
17 | Board necessary for the
operation of a riverboat, including a | ||||||
18 | liquor license, a license
to prepare and serve food for human | ||||||
19 | consumption, and other necessary
licenses. All use, occupation | ||||||
20 | and excise taxes which apply to the sale of
food and beverages | ||||||
21 | in this State and all taxes imposed on the sale or use
of | ||||||
22 | tangible personal property apply to such sales aboard the | ||||||
23 | riverboat.
| ||||||
24 | (j) The Board may issue or re-issue a license authorizing a | ||||||
25 | riverboat to
dock
in a municipality or approve a relocation | ||||||
26 | under Section 11.2 only if, prior
to the issuance or | ||||||
27 | re-issuance of
the license or approval, the governing body of | ||||||
28 | the municipality in which
the riverboat will dock has by a | ||||||
29 | majority vote approved the docking of
riverboats in the | ||||||
30 | municipality. The Board may issue or re-issue a license
| ||||||
31 | authorizing a
riverboat to dock in areas of a county outside | ||||||
32 | any municipality or approve a
relocation under Section 11.2 | ||||||
33 | only if, prior to the issuance or re-issuance
of the license
or | ||||||
34 | approval, the
governing body of the county has by a majority | ||||||
35 | vote approved of the docking of
riverboats within such areas.
| ||||||
36 | (Source: P.A. 92-600, eff. 6-28-02; 93-28, eff. 6-20-03; |
| |||||||
| |||||||
1 | 93-453, eff. 8-7-03;
revised 1-27-04.)
| ||||||
2 | (230 ILCS 10/7.1)
| ||||||
3 | Sec. 7.1. Re-issuance of revoked or non-renewed owners | ||||||
4 | licenses.
| ||||||
5 | (a) If an owners license issued under subsection (e) of | ||||||
6 | Section 7 terminates or expires without renewal or the Board
| ||||||
7 | revokes or determines not to renew an owners license | ||||||
8 | (including, without
limitation, an owners license for a | ||||||
9 | licensee that was not conducting riverboat
gambling operations | ||||||
10 | on January 1, 1998)
and that revocation or determination is | ||||||
11 | final, the Board may re-issue such
license to
a qualified | ||||||
12 | applicant pursuant to an open and competitive bidding process, | ||||||
13 | as
set forth in Section 7.5, and subject to the maximum number | ||||||
14 | of authorized
licenses set forth in Section
7(e).
| ||||||
15 | (b) To be a qualified applicant, a person, firm, or | ||||||
16 | corporation cannot be
ineligible to receive an owners license | ||||||
17 | under Section 7(a) and must submit an
application for an owners | ||||||
18 | license that complies with Section 6. Each such
applicant must | ||||||
19 | also submit evidence to the Board that minority persons and
| ||||||
20 | females hold ownership interests in the applicant of at least | ||||||
21 | 16% and 4%
respectively.
| ||||||
22 | (c) Notwithstanding anything to the contrary in Section | ||||||
23 | 7(e), an applicant
may apply to the Board for approval of | ||||||
24 | relocation of a re-issued license to a
new home dock location | ||||||
25 | authorized under Section 3(c) upon receipt of the
approval from | ||||||
26 | the municipality or county, as the case may be, pursuant to
| ||||||
27 | Section 7(j).
| ||||||
28 | (d) In determining whether to grant a re-issued owners | ||||||
29 | license to an
applicant, the
Board shall consider all of the | ||||||
30 | factors set forth in Sections 7(b) and (e) as
well as the | ||||||
31 | amount of the applicant's license bid. The Board may
grant the | ||||||
32 | re-issued owners license to an applicant that has not submitted | ||||||
33 | the
highest license bid, but if it does not select the highest | ||||||
34 | bidder,
the Board shall issue a written decision explaining why | ||||||
35 | another applicant was
selected and identifying the factors set |
| |||||||
| |||||||
1 | forth in Sections 7(b) and (e) that
favored the winning bidder.
| ||||||
2 | (e) Re-issued owners licenses shall be subject to annual | ||||||
3 | license fees as
provided for in Section 7(a) and shall be | ||||||
4 | governed by the provisions of
Sections 7(f), (g), (h), and (i).
| ||||||
5 | (Source: P.A. 93-28, eff. 6-20-03.)
| ||||||
6 | (230 ILCS 10/13) (from Ch. 120, par. 2413)
| ||||||
7 | Sec. 13. Wagering tax; rate; distribution.
| ||||||
8 | (a) Until January 1, 1998, a tax is imposed on the adjusted | ||||||
9 | gross
receipts received from gambling games authorized under | ||||||
10 | this Act at the rate of
20%.
| ||||||
11 | (a-1) From January 1, 1998 until July 1, 2002, a privilege | ||||||
12 | tax is
imposed on persons engaged in the business of conducting | ||||||
13 | riverboat gambling
operations, based on the adjusted gross | ||||||
14 | receipts received by a licensed owner
from gambling games | ||||||
15 | authorized under this Act at the following rates:
| ||||||
16 | 15% of annual adjusted gross receipts up to and | ||||||
17 | including $25,000,000;
| ||||||
18 | 20% of annual adjusted gross receipts in excess of | ||||||
19 | $25,000,000 but not
exceeding $50,000,000;
| ||||||
20 | 25% of annual adjusted gross receipts in excess of | ||||||
21 | $50,000,000 but not
exceeding $75,000,000;
| ||||||
22 | 30% of annual adjusted gross receipts in excess of | ||||||
23 | $75,000,000 but not
exceeding $100,000,000;
| ||||||
24 | 35% of annual adjusted gross receipts in excess of | ||||||
25 | $100,000,000.
| ||||||
26 | (a-2) From July 1, 2002 until July 1, 2003, a privilege tax | ||||||
27 | is imposed on
persons engaged in the business of conducting | ||||||
28 | riverboat gambling operations,
other than licensed managers | ||||||
29 | conducting riverboat gambling operations on behalf
of the | ||||||
30 | State, based on the adjusted gross receipts received by a | ||||||
31 | licensed
owner from gambling games authorized under this Act at | ||||||
32 | the following rates:
| ||||||
33 | 15% of annual adjusted gross receipts up to and | ||||||
34 | including $25,000,000;
| ||||||
35 | 22.5% of annual adjusted gross receipts in excess of |
| |||||||
| |||||||
1 | $25,000,000 but not
exceeding $50,000,000;
| ||||||
2 | 27.5% of annual adjusted gross receipts in excess of | ||||||
3 | $50,000,000 but not
exceeding $75,000,000;
| ||||||
4 | 32.5% of annual adjusted gross receipts in excess of | ||||||
5 | $75,000,000 but not
exceeding $100,000,000;
| ||||||
6 | 37.5% of annual adjusted gross receipts in excess of | ||||||
7 | $100,000,000 but not
exceeding $150,000,000;
| ||||||
8 | 45% of annual adjusted gross receipts in excess of | ||||||
9 | $150,000,000 but not
exceeding $200,000,000;
| ||||||
10 | 50% of annual adjusted gross receipts in excess of | ||||||
11 | $200,000,000.
| ||||||
12 | (a-3) Beginning July 1, 2003, a privilege tax is imposed on | ||||||
13 | persons engaged
in the business of conducting riverboat | ||||||
14 | gambling operations, other than
licensed managers conducting | ||||||
15 | riverboat gambling operations on behalf of the
State, based on | ||||||
16 | the adjusted gross receipts received by a licensed owner from
| ||||||
17 | gambling games authorized under this Act at the following | ||||||
18 | rates:
| ||||||
19 | 15% of annual adjusted gross receipts up to and | ||||||
20 | including $25,000,000;
| ||||||
21 | 27.5% of annual adjusted gross receipts in excess of | ||||||
22 | $25,000,000 but not
exceeding $37,500,000;
| ||||||
23 | 32.5% of annual adjusted gross receipts in excess of | ||||||
24 | $37,500,000 but not
exceeding $50,000,000;
| ||||||
25 | 37.5% of annual adjusted gross receipts in excess of | ||||||
26 | $50,000,000 but not
exceeding $75,000,000;
| ||||||
27 | 45% of annual adjusted gross receipts in excess of | ||||||
28 | $75,000,000 but not
exceeding $100,000,000;
| ||||||
29 | 50% of annual adjusted gross receipts in excess of | ||||||
30 | $100,000,000 but not
exceeding $250,000,000;
| ||||||
31 | 70% of annual adjusted gross receipts in excess of | ||||||
32 | $250,000,000.
| ||||||
33 | An amount equal to the amount of wagering taxes collected | ||||||
34 | under this
subsection (a-3) that are in addition to the amount | ||||||
35 | of wagering taxes that
would have been collected if the | ||||||
36 | wagering tax rates under subsection (a-2)
were in effect shall |
| |||||||
| |||||||
1 | be paid into the Common School Fund.
| ||||||
2 | The privilege tax imposed under this subsection (a-3) shall | ||||||
3 | no longer be
imposed beginning on the earlier of (i) July 1, | ||||||
4 | 2005; (ii) the first date
after June 20, 2003
the effective | ||||||
5 | date of this amendatory Act of the
93rd General Assembly that | ||||||
6 | riverboat gambling operations are conducted
pursuant to a | ||||||
7 | dormant license; or (iii) the first day that riverboat gambling
| ||||||
8 | operations are conducted under the authority of an owners | ||||||
9 | license that is in
addition to the 10 owners licenses initially | ||||||
10 | authorized under this Act.
For the purposes of this subsection | ||||||
11 | (a-3), the term "dormant license"
means an owners license that | ||||||
12 | is authorized by this Act under which no
riverboat gambling | ||||||
13 | operations are being conducted on June 20, 2003
the effective | ||||||
14 | date of this amendatory Act of the 93rd General Assembly .
| ||||||
15 | (a-4) Beginning on the first day on which the tax imposed | ||||||
16 | under
subsection (a-3) is no longer imposed, a privilege tax is | ||||||
17 | imposed on persons
engaged in the business of conducting | ||||||
18 | riverboat gambling operations, other
than licensed managers | ||||||
19 | conducting riverboat gambling operations on behalf of
the | ||||||
20 | State, based on the adjusted gross receipts received by a | ||||||
21 | licensed owner
from gambling games authorized under this Act at | ||||||
22 | the following rates:
| ||||||
23 | 15% of annual adjusted gross receipts up to and | ||||||
24 | including $25,000,000;
| ||||||
25 | 22.5% of annual adjusted gross receipts in excess of | ||||||
26 | $25,000,000 but not
exceeding $50,000,000;
| ||||||
27 | 27.5% of annual adjusted gross receipts in excess of | ||||||
28 | $50,000,000 but not
exceeding $75,000,000;
| ||||||
29 | 32.5% of annual adjusted gross receipts in excess of | ||||||
30 | $75,000,000 but not
exceeding $100,000,000;
| ||||||
31 | 37.5% of annual adjusted gross receipts in excess of | ||||||
32 | $100,000,000 but not
exceeding $150,000,000;
| ||||||
33 | 45% of annual adjusted gross receipts in excess of | ||||||
34 | $150,000,000 but not
exceeding $200,000,000;
| ||||||
35 | 50% of annual adjusted gross receipts in excess of | ||||||
36 | $200,000,000.
|
| |||||||
| |||||||
1 | (a-8) Riverboat gambling operations conducted by a | ||||||
2 | licensed manager on
behalf of the State are not subject to the | ||||||
3 | tax imposed under this Section.
| ||||||
4 | (a-10) The taxes imposed by this Section shall be paid by | ||||||
5 | the licensed
owner to the Board not later than 3:00 o'clock | ||||||
6 | p.m. of the day after the day
when the wagers were made.
| ||||||
7 | (b) Until January 1, 1998, 25% of the tax revenue deposited | ||||||
8 | in the State
Gaming Fund under this Section shall be paid, | ||||||
9 | subject to appropriation by the
General Assembly, to the unit | ||||||
10 | of local government which is designated as the
home dock of the | ||||||
11 | riverboat. Beginning January 1, 1998, from the tax revenue
| ||||||
12 | deposited in the State Gaming Fund under this Section, an | ||||||
13 | amount equal to 5% of
adjusted gross receipts generated by a | ||||||
14 | riverboat shall be paid monthly, subject
to appropriation by | ||||||
15 | the General Assembly, to the unit of local government that
is | ||||||
16 | designated as the home dock of the riverboat. From the tax | ||||||
17 | revenue
deposited in the State Gaming Fund pursuant to | ||||||
18 | riverboat gambling operations
conducted by a licensed manager | ||||||
19 | on behalf of the State, an amount equal to 5%
of adjusted gross | ||||||
20 | receipts generated pursuant to those riverboat gambling
| ||||||
21 | operations shall be paid monthly,
subject to appropriation by | ||||||
22 | the General Assembly, to the unit of local
government that is | ||||||
23 | designated as the home dock of the riverboat upon which
those | ||||||
24 | riverboat gambling operations are conducted.
| ||||||
25 | (c) Appropriations, as approved by the General Assembly, | ||||||
26 | may be made
from the State Gaming Fund to the Department of | ||||||
27 | Revenue and the Department
of State Police for the | ||||||
28 | administration and enforcement of this Act, or to the
| ||||||
29 | Department of Human Services for the administration of programs | ||||||
30 | to treat
problem gambling.
| ||||||
31 | (c-5) After the payments required under subsections (b) and | ||||||
32 | (c) have been
made, an amount equal to 15% of the adjusted | ||||||
33 | gross receipts of (1) an owners
licensee , other than a licensee | ||||||
34 | that receives an owners license under subsection (e-5) of | ||||||
35 | Section 7, that relocates pursuant to Section 11.2,
(2) an | ||||||
36 | owners licensee, other than a licensee that receives an owners |
| |||||||
| |||||||
1 | license under subsection (e-5) of Section 7,
license conducting | ||||||
2 | riverboat gambling operations
pursuant to an
owners license | ||||||
3 | that is initially issued after June
25, 1999,
or (3) the first
| ||||||
4 | riverboat gambling operations conducted by a licensed manager | ||||||
5 | on behalf of the
State under Section 7.3
7.2 ,
whichever comes | ||||||
6 | first, shall be paid from the State
Gaming Fund into the Horse | ||||||
7 | Racing Equity Fund.
| ||||||
8 | (c-10) Each year the General Assembly shall appropriate | ||||||
9 | from the General
Revenue Fund to the Education Assistance Fund | ||||||
10 | an amount equal to the amount
paid into the Horse Racing Equity | ||||||
11 | Fund pursuant to subsection (c-5) in the
prior calendar year.
| ||||||
12 | (c-15) After the payments required under subsections (b), | ||||||
13 | (c), and (c-5)
have been made, an amount equal to 2% of the | ||||||
14 | adjusted gross receipts of (1)
an owners licensee , other than a | ||||||
15 | licensee that receives an owners license under subsection (e-5) | ||||||
16 | of Section 7, that relocates pursuant to Section 11.2, (2) an | ||||||
17 | owners
licensee , other than a licensee that receives an owners | ||||||
18 | license under subsection (e-5) of Section 7, conducting | ||||||
19 | riverboat gambling operations pursuant to
an
owners license | ||||||
20 | that is initially issued after June 25, 1999,
or (3) the first
| ||||||
21 | riverboat gambling operations conducted by a licensed manager | ||||||
22 | on behalf of the
State under Section 7.3
7.2 ,
whichever comes | ||||||
23 | first, shall be paid, subject to appropriation
from the General | ||||||
24 | Assembly, from the State Gaming Fund to each home rule
county | ||||||
25 | with a population of over 3,000,000 inhabitants for the purpose | ||||||
26 | of
enhancing the county's criminal justice system.
| ||||||
27 | (c-20) Each year the General Assembly shall appropriate | ||||||
28 | from the General
Revenue Fund to the Education Assistance Fund | ||||||
29 | an amount equal to the amount
paid to each home rule county | ||||||
30 | with a population of over 3,000,000 inhabitants
pursuant to | ||||||
31 | subsection (c-15) in the prior calendar year.
| ||||||
32 | (c-25) After the payments required under subsections (b), | ||||||
33 | (c), (c-5) and
(c-15) have been made, an amount equal to 2% of | ||||||
34 | the
adjusted gross receipts of (1) an owners licensee, other | ||||||
35 | than a licensee that receives an owners license under | ||||||
36 | subsection (e-5) of Section 7,
license that
relocates pursuant |
| |||||||
| |||||||
1 | to Section 11.2, (2) an
owners
licensee, other than a licensee | ||||||
2 | that receives an owners license under subsection (e-5) of | ||||||
3 | Section 7,
license conducting riverboat gambling operations | ||||||
4 | pursuant to
an
owners license
that is initially issued after | ||||||
5 | June 25, 1999,
or (3) the first
riverboat gambling operations | ||||||
6 | conducted by a licensed manager on behalf of the
State under | ||||||
7 | Section 7.3
7.2 ,
whichever
comes first,
shall be paid from the | ||||||
8 | State
Gaming Fund to Chicago State University.
| ||||||
9 | (d) From time to time, the
Board shall transfer the | ||||||
10 | remainder of the funds
generated by this Act into the Education
| ||||||
11 | Assistance Fund, created by Public Act 86-0018, of the State of | ||||||
12 | Illinois.
| ||||||
13 | (e) Nothing in this Act shall prohibit the unit of local | ||||||
14 | government
designated as the home dock of the riverboat from | ||||||
15 | entering into agreements
with other units of local government | ||||||
16 | in this State or in other states to
share its portion of the | ||||||
17 | tax revenue.
| ||||||
18 | (f) To the extent practicable, the Board shall administer | ||||||
19 | and collect the
wagering taxes imposed by this Section in a | ||||||
20 | manner consistent with the
provisions of Sections 4, 5, 5a, 5b, | ||||||
21 | 5c, 5d, 5e, 5f, 5g, 5i, 5j, 6, 6a, 6b,
6c, 8, 9, and 10 of the | ||||||
22 | Retailers' Occupation Tax Act and Section 3-7 of the
Uniform | ||||||
23 | Penalty and Interest Act.
| ||||||
24 | (Source: P.A. 92-595, eff. 6-28-02; 93-27, eff. 6-20-03; 93-28, | ||||||
25 | eff.
6-20-03; revised 10-3-03.)
| ||||||
26 | Section 99. Effective date. This Act takes effect upon | ||||||
27 | becoming law. |