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<xml>
<title>Illinois General Assembly - Bill Status for HB 1420   </title>
<shortdesc>RIVERBOATS-QUALIFIED CONTRIBUT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Lou Lang</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>230 ILCS 10/4</reference><aliasreference>from Ch. 120, par. 2404</aliasreference><SynopsisText>     Amends the Riverboat Gambling Act. Changes the definition of "adjusted gross receipts" to exclude qualified contributions. Defines "qualified contributions" as monies paid by the owner licensee pursuant to a previous agreement with the Board to (i) Illinois-based 501(c)(3) organizations or (ii) a unit of local government for the purpose of promoting education, environmental, or economic development programs. Effective June 1, 2007.</SynopsisText></synopsis>
<actions>
<statusdate>2/21/2007</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Lou Lang</action>
<statusdate>2/21/2007</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/21/2007</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/27/2007</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>3/23/2007</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

