91st General Assembly
Status of HB0276
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LANG-CAPPARELLI.

   New Act                                                                     
   30 ILCS 105/5.490 new                                                       
   30 ILCS 105/5.491 new                                                       
   230 ILCS 10/3             from Ch. 120, par. 2403                           
   230 ILCS 10/4             from Ch. 120, par. 2404                           
   230 ILCS 10/5             from Ch. 120, par. 2405                           
   230 ILCS 10/6             from Ch. 120, par. 2406                           
   230 ILCS 10/7             from Ch. 120, par. 2407                           
   230 ILCS 10/11            from Ch. 120, par. 2411                           
   230 ILCS 10/11.2 new                                                        
   230 ILCS 10/11.3 new                                                        
   230 ILCS 10/13            from Ch. 120, par. 2413                           

        Amends the State Finance Act to  create  the  Riverboat  Gambling      
   Revenue  School  Construction  Fund  and  the School Construction Bond      
   Repayment  Fund.   Creates  the  Riverboat  Gambling  Revenue   School      
   Construction  Act.  Gives  the  Capital Development Board the power to      
   issue revenue bonds in amounts not to exceed  the  amount  of  revenue      
   generated  pursuant  to  the  Act  in  excess of the amount of revenue      
   generated pursuant to the Act in calendar year  1998.   Provides  that      
   proceeds  from  the  sale  of  the  bonds  shall be deposited into the      
   Riverboat Gambling Revenue School Construction  Fund.   Provides  that      
   the  Capital Development Board may make grants to school districts for      
   school  construction  projects  with  funds  appropriated   from   the      
   Riverboat  Gambling  Revenue  School  Construction  Fund.  Amends  the      
   Riverboat  Gambling  Act.   Provides  that  an  owners  license  shall      
   authorize  the  licensee to conduct gambling at the number of gambling      
   positions permitted by the Board, which number shall not exceed 1,200.      
   Deletes the limitation on the  number  of  organization  licenses  the      
   Board  may  grant,  but does not increase the total number of gambling      
   positions (12,000) for which the Board may grant licenses.  Authorizes      
   gambling  in  Cook  County  and on Lake Michigan.  Authorizes dockside      
   gambling with the approval of the municipality or county that  is  the      
   home  dock  of  the  riverboat.  Permits home dock relocation with the      
   authorization of the Board. Effective immediately.                          
          FISCAL NOTE (Illinois Gaming Board)                                  
          State share of new taxes generated will equal approximately          
          $53.9 million and funds available for distribution to locals         
          will increase by an estimated $6.8 million.                          
          STATE DEBT NOTE (Economic and Fiscal Commission)                     
          HB276 would not increase State general obligation debt.              
          FISCAL NOTE (Capital Development Board)                              
          The fiscal impact for HB 276 would be $532,800.                      
   99-01-27  H  FILED WITH CLERK                                               
   99-01-27  H  ADDED AS A JOINT SPONSOR                 CAPPARELLI            
   99-01-27  H  FIRST READING                                                  
   99-01-27  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-02-02  H       ASSIGNED TO COMMITTEE               EXECUTIVE             
   99-02-18  H                         FISCAL NOTE FILED                       
   99-02-18  H                   COMMITTEE               EXECUTIVE             
   99-02-19  H  STATE DEBT IMPACT NOTE FILED                                   
   99-02-19  H                   COMMITTEE               EXECUTIVE             
   99-02-24  H                         FISCAL NOTE FILED                       
   99-02-24  H                   COMMITTEE               EXECUTIVE             
   99-03-05  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   01-01-09  H  SESSION SINE DIE                                               

   END OF INQUIRY 



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