State of Illinois
92nd General Assembly
Legislation

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[ House Amendment 001 ]


92_HB0291

 
                                               LRB9203788LDpr

 1        AN ACT concerning gaming.

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

 4        Section  5.   The  Riverboat  Gambling  Act is amended by
 5    adding Section 13.2 as follows:

 6        (230 ILCS 10/13.2 new)
 7        Sec. 13.2.  Supplemental tax on adjusted gross  receipts.
 8    Beginning  January  1,  2002,  a tax is imposed on the annual
 9    adjusted gross receipts of an owners licensee in amount equal
10    to 80% of the adjusted gross receipts of the licensee,  minus
11    the  sum  of  all  taxes  paid  by  the  licensee pursuant to
12    Sections 12 and 13.  The tax imposed under this Section is in
13    addition to any other taxes imposed under this Act and  shall
14    be  deposited  into  the State Gaming Fund.  The tax shall be
15    paid annually, on or before February 15th of each year.

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