RIVERBOATS-REISSUED LICENSE Senate SponsorsSen. Rickey R. Hendon 1/13/2009SenateSession Sine Die 230 ILCS 10/13from Ch. 120, par. 241330 ILCS 105/5.708 new30 ILCS 105/6z-72 newAmends the Riverboat Gambling Act. Provides that the moneys deposited in the State Gaming Fund from (1) the re-issuance of a revoked or terminated license and (2) the operation of a riverboat by a licensee whose license was re-issued (including the admission tax and the privilege tax) shall be distributed as follows: the lesser of 20% or one-twelfth of $100,000,000 shall be transferred monthly from the State Gaming Fund into the Emergency Capital Program Fund and the remainder shall be transferred monthly from the State Gaming Fund into the Education Assistance Fund. Amends the State Finance Act to create the Emergency Capital Program Fund as a special fund in the State treasury. Provides that moneys in the Emergency Capital Program Fund shall be used solely for the purpose of capital-related expenditures based on the emergency need of the project, as determined by the Capital Development Board. Effective immediately. 2/15/2008SenateFiled with Secretary by Sen. Rickey R. Hendon 2/15/2008SenateFirst Reading 2/15/2008SenateReferred to Rules 1/13/2009SenateSession Sine Die