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| 1 | AMENDMENT TO HOUSE BILL 2877
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| 2 | AMENDMENT NO. ______. Amend House Bill 2877 by replacing | ||||||
| 3 | everything after the enacting clause with the following:
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| 4 | "Section 5. The Illinois Horse Racing Act of 1975 is | ||||||
| 5 | amended by changing Section 31.1 as follows:
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| 6 | (230 ILCS 5/31.1) (from Ch. 8, par. 37-31.1)
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| 7 | Sec. 31.1.
(a) Organization licensees
collectively shall | ||||||
| 8 | contribute annually to charity the sum of
$1,000,000 $750,000
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| 9 | to non-profit organizations that provide medical and family, | ||||||
| 10 | counseling,
and similar services to persons who reside or work | ||||||
| 11 | on the backstretch of
Illinois racetracks.
These contributions | ||||||
| 12 | shall be collected as follows: (i) no later than July
1st of | ||||||
| 13 | each year the Board shall assess each organization licensee, | ||||||
| 14 | except
those tracks which are not within 100 miles of each | ||||||
| 15 | other which tracks
shall pay $40,000 $30,000 annually apiece | ||||||
| 16 | into the Board charity fund, that amount
which equals $920,000 | ||||||
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| 1 | $690,000 multiplied by the amount of pari-mutuel wagering
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| 2 | handled by the organization licensee in the year preceding | ||||||
| 3 | assessment and
divided by the total pari-mutuel wagering | ||||||
| 4 | handled by all Illinois
organization licensees, except those | ||||||
| 5 | tracks which are not within 100 miles of
each other, in the | ||||||
| 6 | year preceding assessment; (ii) notice of
the assessed | ||||||
| 7 | contribution shall be mailed to each organization licensee;
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| 8 | (iii) within thirty days of its receipt of such notice, each | ||||||
| 9 | organization
licensee shall remit the assessed contribution to | ||||||
| 10 | the Board. If an
organization licensee wilfully fails to so | ||||||
| 11 | remit the contribution, the
Board may revoke its license to | ||||||
| 12 | conduct horse racing.
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| 13 | (b) No later than October 1st of each year, any
qualified | ||||||
| 14 | charitable organization seeking an allotment of
contributed | ||||||
| 15 | funds shall
submit to the Board an application for those funds, | ||||||
| 16 | using the
Board's approved
form. No later than December 31st of | ||||||
| 17 | each year, the Board shall
distribute all such amounts | ||||||
| 18 | collected that year to such charitable
organization | ||||||
| 19 | applicants.
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| 20 | (Source: P.A. 87-110.)
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| 21 | Section 99. Effective date. This Act takes effect upon | ||||||
| 22 | becoming law.".
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