90th General Assembly
Summary of HB2247
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House Sponsors:
WINTERS.

Short description: 
RIVERBOAT-WAGER TAX-BID                                                    

Synopsis of Bill as introduced:
        Amends  the  Riverboat  Gambling  Act.   Requires   an   advisory      
   referendum  before  dockside gambling may be authorized under the Act.      
   Requires a new applicant for an owners license  to  competitively  bid      
   what  percentage of adjusted gross receipts it shall pay as a wagering      
   tax, with the new license going  to  the  highest  bidder.   Prohibits      
   licensees  from  making  any  political  contributions.  Requires each      
   licensee to make a quarterly report to the  Board  indicating  profits      
   and losses.                                                                 
        HOUSE AMENDMENT NO. 1.                                                 
          Adds reference to:                                                   
          230 ILCS 10/7                   from Ch. 120, par. 2407              
          230 ILCS 10/7.1 new                                                  
        Further amends the Riverboat Gambling  Act.   Provides  that  the      
   referendum  shall  be required before any gambling is authorized under      
   the Act rather than before dockside gambling is authorized  under  the      
   Act.   Provides  that  an  owners  license subject to renewal shall be      
   subject to competitive bidding based on what portion of adjusted gross      
   receipts will be paid to the State.                                         
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status