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<xml>
<title>Illinois General Assembly - Bill Status for SB 1431   </title>
<shortdesc>RIVERBOATS-CANNIBALIZATION</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Michael Noland</sponsors>
</sponsor>
<lastaction>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>230 ILCS 10/7</reference><aliasreference>from Ch. 120, par. 2407</aliasreference><reference>230 ILCS 10/11.2</reference><aliasreference></aliasreference><SynopsisText>Amends the Riverboat Gambling Act. Requires the Illinois Gaming Board to award owners licenses to applicants whose plans (i) generate the highest amount of revenue to the State and (ii) provide for the least amount of cannibalization of existing licensees' revenues generated pursuant to this Act. Conditions the approval of relocation to a new home dock location for a licensee that was not conducting riverboat gambling on January 1, 1998 upon the determination that the new home dock provides for the least amount of cannibalization of an existing licensee's revenues. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/18/2009</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Michael Noland</action>
<statusdate>2/18/2009</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/18/2009</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/25/2009</statusdate><chamber>Senate</chamber><action>Assigned to Gaming</action>
<statusdate>3/12/2009</statusdate><chamber>Senate</chamber><action>To Gaming Subcommittee on Gaming Activities</action>
<statusdate>3/13/2009</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/12/2011</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

