Bill Status of SB2628 93rd General Assembly
Short Description: INC TAX-OUT-OF-STATE GAMBLERS
Sen. Kathleen L. Wojcik
| 1/11/2005||Senate||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Income Tax Act. Provides that payments made after December 31, 2004 of winnings from gambling games conducted on a riverboat licensed under the Riverboat Gambling Act are allocable to this State. Requires payors to withhold such winnings if they are $5,000 or more. On January 1, 2005 changes from $1,000 to $5,000 the threshold above which withholding is required for lottery winnings. Effective immediately.
|Date||Chamber|| Action|| 2/4/2004||Senate||Filed with Secretary by Sen. Kathleen L. Wojcik|| 2/4/2004||Senate||First Reading|| 2/4/2004||Senate||Referred to Rules|| 1/11/2005||Senate||Session Sine Die|