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| Public Act 096-1105 | ||||
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AN ACT concerning State government.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Illinois Lottery Law is amended by adding | ||||
Section 10.8 as follows: | ||||
(20 ILCS 1605/10.8 new) | ||||
Sec. 10.8. Specialty retailers license. | ||||
(a) "Veterans service organization" means an organization | ||||
that: | ||||
(1) is formed by and for United States military | ||||
veterans; | ||||
(2) is chartered by the United States Congress and | ||||
incorporated in the State of Illinois; | ||||
(3) maintains a state headquarters office in the State | ||||
of Illinois; and | ||||
(4) is not funded by the State of Illinois or by any | ||||
county in this State. | ||||
(b) The Division shall establish a special classification | ||||
of retailer license to facilitate the year-round sale of the | ||||
instant scratch-off lottery game established by the General | ||||
Assembly in Section 21.6. The fees set forth in Section 10.2 do | ||||
not apply to a specialty retailer license. | ||||
The holder of a specialty retailer license (i) shall be a | ||||
veterans service organization, (ii) may sell only specialty | ||
lottery tickets established for the benefit of the Veterans | ||
Assistance Fund in the State treasury, (iii) is required to | ||
purchase those tickets up front at face value from the Illinois | ||
Lottery, and (iv) must sell those tickets at face value. | ||
Specialty retailers may obtain a refund from the Division for | ||
any unsold specialty tickets that they have purchased for | ||
resale, as set forth in the specialty retailer agreement. | ||
Specialty retailers shall receive a sales commission equal | ||
to 2% of the face value of specialty game tickets purchased | ||
from the Department, less adjustments for unsold tickets | ||
returned to the Illinois Lottery for credit. Specialty | ||
retailers may not cash winning tickets, but are entitled to a | ||
1% bonus in connection with the sale of a winning specialty | ||
game ticket having a price value of $1,000 or more.
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Section 99. Effective date. This Act takes effect upon | ||
becoming law.
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