SB1623 Engrossed LRB096 07700 AMC 17801 b

1     AN ACT concerning State government.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Illinois Lottery Law is amended by adding
5 Section 10.8 as follows:
 
6     (20 ILCS 1605/10.8 new)
7     Sec. 10.8. Specialty retailers license.
8     (a) "Veterans service organization" means an organization
9 that:
10         (1) is formed by and for United States military
11     veterans;
12         (2) is chartered by the United States Congress and
13     incorporated in the State of Illinois;
14         (3) maintains a state headquarters office in the State
15     of Illinois; and
16         (4) is not funded by the State of Illinois or by any
17     county in this State.
18     (b) The Division shall establish a special classification
19 of retailer license to facilitate the year-round sale of the
20 instant scratch-off lottery game established by the General
21 Assembly in Section 21.6. The fees set forth in Section 10.2 do
22 not apply to a specialty retailer license.
23     The holder of a specialty retailer license (i) shall be a

 

 

SB1623 Engrossed - 2 - LRB096 07700 AMC 17801 b

1 veterans service organization, (ii) may sell only specialty
2 lottery tickets established for the benefit of the Veterans
3 Assistance Fund in the State treasury, (iii) is required to
4 purchase those tickets up front at face value from the Illinois
5 Lottery, and (iv) must sell those tickets at face value.
6 Specialty retailers may obtain a refund from the Division for
7 any unsold specialty tickets that they have purchased for
8 resale, as set forth in the specialty retailer agreement.
9     Specialty retailers shall receive a sales commission equal
10 to 2% of the face value of specialty game tickets purchased
11 from the Department, less adjustments for unsold tickets
12 returned to the Illinois Lottery for credit. Specialty
13 retailers may not cash winning tickets, but are entitled to a
14 1% bonus in connection with the sale of a winning specialty
15 game ticket having a price value of $1,000 or more.
 
16     Section 99. Effective date. This Act takes effect upon
17 becoming law.