Bill Status of HB3509 100th General Assembly
Short Description: HORSE RACING-DEPOSIT OF FEES
Rep. Joe Sosnowski
| 3/31/2017||House||Rule 19(a) / Re-referred to Rules Committee|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Horse Racing Act of 1975. Provides that, upon collection of the fee accompanying the application for an occupation license or any other fees, the Board may make daily deposits of the fees with the organization licensee or the horsemen's bookkeeper at a race meeting. The organization licensee or the horsemen's bookkeeper shall either use ACH electronic transfer of funds or issue a check, payable to the order of the Illinois Racing Board, for monies deposited under this Section within 24 hours of receipt of the monies.