SB2671 - 104th General Assembly
VIDEO GAMING-TAX
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Video Gaming Act. Provides that the provisions setting forth the current tax on net terminal income are inoperative on July 1, 2025. Provides that, beginning July 1, 2025, a tax of 45% is imposed on net terminal income and shall be collected by the Illinois Gaming Board, and that of the tax collected 66.67% shall be deposited into the Capital Projects Funds, 11.11% shall be deposited into the Local Government Video Gaming Distributive Fund, 21.11% shall be deposited into the General Revenue Fund, and 1.11% shall be deposited into the State Gaming Fund which shall be transferred to the Department of Human Services' fund for the administration of programs for the treatment of compulsive gambling. Effective immediately.
Actions
Date | Chamber | Action |
---|---|---|
5/27/2025 | Senate | Filed with Secretary by Sen. Mary Edly-Allen |
5/27/2025 | Senate | First Reading |
5/27/2025 | Senate | Referred to Assignments |