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| | 98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014 HB4001 Introduced , by Rep. Michael J. Madigan SYNOPSIS AS INTRODUCED: | | 230 ILCS 5/15.1 | from Ch. 8, par. 37-15.1 |
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Amends the Illinois Horse Racing Act of 1975. Makes a technical change
in a Section concerning deposits of fees.
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| | A BILL FOR |
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| | HB4001 | | LRB098 15560 ZMM 50590 b |
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1 | | AN ACT concerning gaming.
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2 | | Be it enacted by the People of the State of Illinois, |
3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Horse Racing Act of 1975 is amended |
5 | | by changing Section 15.1 as follows:
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6 | | (230 ILCS 5/15.1) (from Ch. 8, par. 37-15.1)
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7 | | Sec. 15.1.
Upon collection of the
the fee accompanying the |
8 | | application for
an occupation license, the Board shall be |
9 | | authorized to make daily
temporary deposits of the fees, for a |
10 | | period not to exceed 7 days, with the
horsemen's bookkeeper at |
11 | | a race meeting. The horsemen's bookkeeper shall
issue a check, |
12 | | payable to the order of the Illinois Racing Board, for
monies |
13 | | deposited under this Section within 24 hours of receipt of the
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14 | | monies. Provided however, upon the issuance of the check by the |
15 | | horsemen's
bookkeeper the check shall be deposited into the |
16 | | Horse Racing Fund. |
17 | | (Source: P.A. 97-1060, eff. 8-24-12.)
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