Sen. John M. Sullivan
Filed: 8/9/2007
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1 | AMENDMENT TO HOUSE BILL 2035
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2 | AMENDMENT NO. ______. Amend House Bill 2035, AS AMENDED, | ||||||
3 | with reference to page and line numbers of Senate Amendment No. | ||||||
4 | 1, on page 136, by replacing lines 14 through 22 with the | ||||||
5 | following:
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6 | "(i) A sum equal to 12 1/2% of the first prize money of the | ||||||
7 | gross
every purse
won by an Illinois conceived and foaled horse | ||||||
8 | shall be paid by the
organization licensee conducting the horse | ||||||
9 | race meeting to the breeder
of such winning horse from the | ||||||
10 | organization licensee's account
share of
the money wagered . | ||||||
11 | Such payment shall not reduce any award to the owner of
the | ||||||
12 | horse or reduce the taxes payable under this Act. Such payment | ||||||
13 | shall be
delivered by the organization licensee at the end of | ||||||
14 | each month
race
meeting .".
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