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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 Video Gaming Act is amended by changing | |||||||||||||||||||||||
5 | Sections 60 and 75 as follows: | |||||||||||||||||||||||
6 | (230 ILCS 40/60) | |||||||||||||||||||||||
7 | Sec. 60. Imposition and distribution of tax. | |||||||||||||||||||||||
8 | (a) A tax of 30% is imposed on net terminal income and | |||||||||||||||||||||||
9 | shall be collected by the Board. | |||||||||||||||||||||||
10 | (a-5) Of the tax collected under this subsection (a) from | |||||||||||||||||||||||
11 | terminal income generated in municipalities with a population | |||||||||||||||||||||||
12 | less than 2,000,000 and counties , five-sixths shall be | |||||||||||||||||||||||
13 | deposited into the Capital Projects Fund and one-sixth shall | |||||||||||||||||||||||
14 | be deposited into the Local Government Video Gaming | |||||||||||||||||||||||
15 | Distributive Fund. | |||||||||||||||||||||||
16 | (a-10) Of the tax collected under subsection (a) from | |||||||||||||||||||||||
17 | terminal income generated in municipalities with a population | |||||||||||||||||||||||
18 | greater than or equal to 2,000,000, eleven-fifteenths shall be | |||||||||||||||||||||||
19 | deposited into the Capital Projects Fund and four-fifteenths | |||||||||||||||||||||||
20 | shall be deposited into the Local Government with Greater than | |||||||||||||||||||||||
21 | 2,000,000 Residents Video Gaming Distributive Fund. | |||||||||||||||||||||||
22 | (b) Beginning on July 1, 2019, an additional tax of 3% is | |||||||||||||||||||||||
23 | imposed on net terminal income and shall be collected by the |
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1 | Board. | ||||||
2 | Beginning on July 1, 2020, an additional tax of 1% is | ||||||
3 | imposed on net terminal income and shall be collected by the | ||||||
4 | Board. | ||||||
5 | The tax collected under this subsection (b) shall be | ||||||
6 | deposited into the Capital Projects Fund. | ||||||
7 | (c) Revenues generated from the play of video gaming | ||||||
8 | terminals shall be deposited by the terminal operator, who is | ||||||
9 | responsible for tax payments, in a specially created, separate | ||||||
10 | bank account maintained by the video gaming terminal operator | ||||||
11 | to allow for electronic fund transfers of moneys for tax | ||||||
12 | payment. | ||||||
13 | (d) Each licensed establishment, licensed truck stop | ||||||
14 | establishment, licensed large truck stop establishment, | ||||||
15 | licensed fraternal establishment, and licensed veterans | ||||||
16 | establishment shall maintain an adequate video gaming fund, | ||||||
17 | with the amount to be determined by the Board. | ||||||
18 | (e) The State's percentage of net terminal income shall be | ||||||
19 | reported and remitted to the Board within 15 days after the | ||||||
20 | 15th day of each month and within 15 days after the end of each | ||||||
21 | month by the video terminal operator. A video terminal | ||||||
22 | operator who falsely reports or fails to report the amount due | ||||||
23 | required by this Section is guilty of a Class 4 felony and is | ||||||
24 | subject to termination of his or her license by the Board. Each | ||||||
25 | video terminal operator shall keep a record of net terminal | ||||||
26 | income in such form as the Board may require. All payments not |
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1 | remitted when due shall be paid together with a penalty | ||||||
2 | assessment on the unpaid balance at a rate of 1.5% per month. | ||||||
3 | (Source: P.A. 101-31, eff. 6-28-19.) | ||||||
4 | (230 ILCS 40/75) | ||||||
5 | Sec. 75. Revenue sharing ; Local Government Video Gaming | ||||||
6 | Distributive Fund . | ||||||
7 | (a) As soon as may be after the first day of each month, | ||||||
8 | the Department of Revenue shall allocate among those | ||||||
9 | municipalities with a population less than 2,000,000 and | ||||||
10 | counties of this State that have not prohibited video gaming | ||||||
11 | pursuant to Section 27 or Section 70 the amount available in | ||||||
12 | the Local Government Video Gaming Distributive Fund, a special | ||||||
13 | fund in the State Treasury, as provided in Section 60. The | ||||||
14 | Department shall then certify such allocations to the State | ||||||
15 | Comptroller, who shall pay over to those eligible | ||||||
16 | municipalities and counties the respective amounts allocated | ||||||
17 | to them. The amount of such funds allocable to each such | ||||||
18 | municipality and county shall be in proportion to the tax | ||||||
19 | revenue generated from video gaming within the eligible | ||||||
20 | municipality or county compared to the tax revenue generated | ||||||
21 | from video gaming Statewide. | ||||||
22 | (a-5) As soon as may be after the first day of each month, | ||||||
23 | the Department of Revenue shall allocate among those | ||||||
24 | municipalities of this State with a population greater than or | ||||||
25 | equal to 2,000,000 that have not prohibited video gaming |
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1 | pursuant to Section 27 or 70 the amount available in the Local | ||||||
2 | Government with Greater than 2,000,000 Residents Video Gaming | ||||||
3 | Distributive Fund, a special fund that is created in the State | ||||||
4 | treasury, as provided in Section 60. The Department shall then | ||||||
5 | certify such allocations to the State Comptroller, who shall | ||||||
6 | pay over to those eligible municipalities the respective | ||||||
7 | amount allocated. | ||||||
8 | (b) The amounts allocated and paid to a municipality or | ||||||
9 | county of this State pursuant to the provisions of this | ||||||
10 | Section may be used for any general corporate purpose | ||||||
11 | authorized for that municipality or county. | ||||||
12 | (c) Upon determination by the Department that an amount | ||||||
13 | has been paid pursuant to this Section in excess of the amount | ||||||
14 | to which the county or municipality receiving such payment was | ||||||
15 | entitled, the county or municipality shall, upon demand by the | ||||||
16 | Department, repay such amount. If such repayment is not made | ||||||
17 | within a reasonable time, the Department shall withhold from | ||||||
18 | future payments an amount equal to such overpayment. The | ||||||
19 | Department shall redistribute the amount of such payment to | ||||||
20 | the county or municipality entitled thereto. | ||||||
21 | (Source: P.A. 96-34, eff. 7-13-09.) | ||||||
22 | Section 10. The State Finance Act is amended by adding | ||||||
23 | Section 5.1015 as follows: | ||||||
24 | (30 ILCS 105/5.1015 new) |
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1 | Sec. 5.1015. The Local Government with Greater than | ||||||
2 | 2,000,000 Residents Video Gaming Distributive Fund. | ||||||
3 | Section 99. Effective date. This Act takes effect upon | ||||||
4 | becoming law. |