SB1698 95TH GENERAL ASSEMBLY

LRB095 10523 AMC 30740 b

95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
SB1698

Introduced 2/9/2007, by Sen. Mike Jacobs

SYNOPSIS AS INTRODUCED:

230 ILCS 10/4

from Ch. 120, par. 2404

Amends the Riverboat Gambling Act. Changes the definition of "adjusted gross receipts" to exclude qualified contributions. Defines "qualified contributions" as monies paid by the owner licensee pursuant to a previous agreement with the Board to (i) Illinois-based 501(c)(3) organizations or (ii) a unit of local government for the purpose of promoting education, environmental, or economic development programs. Effective June 1, 2007.

FISCAL NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning gaming.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Riverboat Gambling Act is amended by changing Section 4 as follows:

(230 ILCS 10/4) (from Ch. 120, par. 2404)

Sec. 4. Definitions. As used in this Act:

(a) "Board" means the Illinois Gaming Board.

(b) "Occupational license" means a license issued by the Board to a person or entity to perform an occupation which the Board has identified as requiring a license to engage in riverboat gambling in Illinois.

(c) "Gambling game" includes, but is not limited to, baccarat, twenty-one, poker, craps, slot machine, video game of chance, roulette wheel, klondike table, punchboard, faro layout, keno layout, numbers ticket, push card, jar ticket, or pull tab which is authorized by the Board as a wagering device under this Act.

(d) "Riverboat" means a self-propelled excursion boat, a permanently moored barge, or permanently moored barges that are permanently fixed together to operate as one vessel, on which lawful gambling is authorized and licensed as provided in this Act.

(e) "Managers license" means a license issued by the Board to a person or entity to manage gambling operations conducted by the State pursuant to Section 7.3 7.2.

(f) "Dock" means the location where a riverboat moors for the purpose of embarking passengers for and disembarking passengers from the riverboat.

(g) "Gross receipts" means the total amount of money exchanged for the purchase of chips, tokens or electronic cards by riverboat patrons.

(h) "Adjusted gross receipts" means the gross receipts less (i) winnings paid to wagerers and (ii) qualified contributions.

(i) "Cheat" means to alter the selection of criteria which determine the result of a gambling game or the amount or frequency of payment in a gambling game.

(j) "Department" means the Department of Revenue.

(k) "Gambling operation" means the conduct of authorized gambling games upon a riverboat.

(l) "License bid" means the lump sum amount of money that an applicant bids and agrees to pay the State in return for an owners license that is re-issued on or after July 1, 2003.

(m) The terms "minority person" and "female" shall have the same meaning as defined in Section 2 of the Business Enterprise for Minorities, Females, and Persons with Disabilities Act.

(n) "Qualified contributions" means monies paid by the owner licensee pursuant to a previous agreement with the Board to (i) Illinois-based 501(c)(3) organizations or (ii) a unit of local government for the purpose of promoting education, environmental, or economic development programs.

(Source: P.A. 92-600, eff. 6-28-02; 93-28, eff. 6-20-03; revised 1-28-04.)

Section 99. Effective date. This Act takes effect June 1, 2007.