94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB0057

 

Introduced 1/6/2005, by Rep. Lou Lang

 

SYNOPSIS AS INTRODUCED:
 
230 ILCS 25/3   from Ch. 120, par. 1103

    Amends the Bingo License and Tax Act. Eliminates the tax on bingo games imposed pursuant to the Act. Effective July 1, 2005.


LRB094 02590 LRD 32591 b

 

 

A BILL FOR

 

HB0057 LRB094 02590 LRD 32591 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 of
9 bingo conducted under the provision of this Act. Such payments
10 shall be made 4 times per year, between the first and the 20th
11 day of April, July, October, and January. Payment must be by
12 money order or certified check. Accompanying each payment shall
13 be a report, on forms provided by the Department of Revenue,
14 listing the number of games conducted, the gross income derived
15 and such other information as the Department of Revenue may
16 require. Failure to submit either the payment or the report
17 within the specified time may result in suspension or
18 revocation of the license.
19     The provisions of Section 2a of the Retailers' Occupation
20 Tax Act pertaining to the furnishing of a bond or other
21 security are incorporated by reference into this Act and are
22 applicable to licensees under this Act as a precondition of
23 obtaining a license under this Act. The Department shall
24 establish by rule the standards and criteria it will use in
25 determining whether to require the furnishing of a bond or
26 other security, the amount of such bond or other security,
27 whether to require the furnishing of an additional bond or
28 other security by a licensee, and the amount of such additional
29 bond or other security. Such standards and criteria may include
30 payment history, general financial condition or other factors
31 which may pose risks to insuring the payment to the Department
32 of Revenue, of applicable taxes. Such rulemaking is subject to

 

 

HB0057 - 2 - LRB094 02590 LRD 32591 b

1 the provisions of the Illinois Administrative Procedure Act.
2 The provisions of Sections 4, 5, 5a, 5b, 5c, 5d, 5e, 5f, 5g,
3 5i, 5j, 6, 6a, 6b, 6c, 8, 9, 10, 11 and 12 of the Retailers'
4 Occupation Tax Act which are not inconsistent with this Act,
5 and Section 3-7 of the Uniform Penalty and Interest Act shall
6 apply, as far as practicable, to the subject matter of this Act
7 to the same extent as if such provisions were included in this
8 Act. Tax returns filed pursuant to this Act shall not be
9 confidential and shall be available for public inspection. For
10 the purposes of this Act, references in such incorporated
11 Sections of the Retailers' Occupation Tax Act to retailers,
12 sellers or persons engaged in the business of selling tangible
13 personal property means persons engaged in conducting bingo
14 games, and references in such incorporated Sections of the
15 Retailers' Occupation Tax Act to sales of tangible personal
16 property mean the conducting of bingo games and the making of
17 charges for playing such games.
18     One-half of all of the sums collected under this Section
19 shall be deposited into the Mental Health Fund and 1/2 of all
20 of the sums collected under this Section shall be deposited in
21 the Common School Fund.
22 (Source: P.A. 87-205; 87-895.)
 
23     Section 99. Effective date. This Act takes effect July 1,
24 2005.