093_HB0149

 
                                     LRB093 02278 LRD 02286 b

 1        AN ACT in relation to bingo games.

 2        Be  it  enacted  by  the People of the State of Illinois,
 3    represented in the General Assembly:

 4        Section 5.  The Bingo License and Tax Act is  amended  by
 5    changing Section 3 as follows:

 6        (230 ILCS 25/3) (from Ch. 120, par. 1103)
 7        Sec.  3.  Report.   There  shall be delivered paid to the
 8    Department of Revenue, 5% of the gross proceeds of  any  game
 9    of  bingo  conducted  under  the provision of this Act.  Such
10    payments shall be made 4 times per year,  between  the  first
11    and  the  20th  day  of  April,  July,  October, and January.
12    Payment  must  be  by  money  order   or   certified   check.
13    Accompanying  each  payment  shall  be  a  report,  on  forms
14    provided  by the Department of Revenue, listing the number of
15    games conducted, the gross  income  derived  and  such  other
16    information   as  the  Department  of  Revenue  may  require.
17    Failure to submit either the payment or the report within the
18    specified time may result in suspension or revocation of  the
19    license.
20        The provisions of Section 2a of the Retailers' Occupation
21    Tax  Act  pertaining  to  the  furnishing  of a bond or other
22    security are incorporated by reference into this Act and  are
23    applicable  to  licensees under this Act as a precondition of
24    obtaining a license under this  Act.   The  Department  shall
25    establish  by  rule the standards and criteria it will use in
26    determining whether to require the furnishing of  a  bond  or
27    other  security,  the  amount of such bond or other security,
28    whether to require the furnishing of an  additional  bond  or
29    other  security  by  a  licensee,  and  the  amount  of  such
30    additional  bond  or  other  security.   Such  standards  and
31    criteria  may  include  payment  history,  general  financial
 
                            -2-      LRB093 02278 LRD 02286 b
 1    condition  or  other factors which may pose risks to insuring
 2    the payment to  the  Department  of  Revenue,  of  applicable
 3    taxes.   Such  rulemaking is subject to the provisions of the
 4    Illinois Administrative Procedure Act.    The  provisions  of
 5    Sections 4, 5, 5a, 5b, 5c, 5d, 5e, 5f, 5g, 5i, 5j, 6, 6a, 6b,
 6    6c,  8, 9, 10, 11 and 12 of the Retailers' Occupation Tax Act
 7    which are not inconsistent with this Act, and Section 3-7  of
 8    the  Uniform  Penalty and Interest Act shall apply, as far as
 9    practicable, to the subject matter of this Act  to  the  same
10    extent  as if such provisions were included in this Act.  Tax
11    returns filed pursuant to this Act shall not be  confidential
12    and  shall  be  available  for  public  inspection.   For the
13    purposes  of  this  Act,  references  in  such   incorporated
14    Sections  of  the Retailers' Occupation Tax Act to retailers,
15    sellers  or  persons  engaged  in  the  business  of  selling
16    tangible  personal  property   means   persons   engaged   in
17    conducting  bingo  games, and references in such incorporated
18    Sections of the Retailers' Occupation Tax  Act  to  sales  of
19    tangible personal property mean the conducting of bingo games
20    and the making of charges for playing such games.
21        One-half  of all of the sums collected under this Section
22    shall be deposited into the Mental Health Fund and 1/2 of all
23    of the sums collected under this Section shall  be  deposited
24    in the Common School Fund.
25    (Source: P.A. 87-205; 87-895.)

26        Section  99.  Effective date.  This Act takes effect July
27    1, 2003.