90th General Assembly
Summary of HB1415
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Status
House Sponsors:
MOORE,EUGENE-LOPEZ.

Short description: 
GAMES-TX REDUCED-EDUCATION                                                 

Synopsis of Bill as introduced:
        Amends the Illinois Pull  Tabs  and  Jar  Games  Act,  the  Bingo      
   License  and  Tax  Act, and the Charitable Games Act.  Reduces the tax      
   imposed under the Illinois Pull Tabs and Jar Games Act and  the  Bingo      
   License  and  Tax  Act from 5% to 2.5% for licensees that devote their      
   proceeds primarily to the education of  children.    Reduces  the  tax      
   imposed  under  the Charitable Games Act from 3% to 1.5% for licensees      
   that devote their proceeds primarily to  the  education  of  children.      
   Effective immediately.                                                      
          STATE MANDATES FISCAL NOTE                                           
          HB1415 fails to create a State mandate.                              
          HOME RULE NOTE                                                       
          HB 1415 does not preempt home rule authority.                        
          FISCAL NOTE (Dept. of Revenue)                                       
          The $7 million loss represents an approximate 50% decrease from      
          $14.5 million in tax revenues collected.                             
 
Last action on Bill: THIRD READING/SHORT DEBATE/LOST          041-076-001

   Last action date: 97-04-24

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status