SB 1607 — GAMING-TECH

A___ _____c_____________________l______________________d_____________ _____1_____________________c_______________________l____________ _______f____________________t__________ Information provided on the application shall be used as a basis for a thorough background investigation which the Board shall conduct with respect to each applicant.

An incomplete application shall be cause for denial of a license by the Board.

(b) Applicants shall submit with their application all documents, resolutions, and letters of support from the governing body that represents the municipality or county wherein the licensee will dock.

(c) Each applicant shall disclose the identity of every SB1607 Enrolled -4- LRB093 02991 LRD 03007 b person, association, trust or corporation having a greater than 1% direct or indirect pecuniary interest in the riverboat gambling operation with respect to which the license is sought.

If the disclosed entity is a trust, the application shall disclose the names and addresses of the beneficiaries;

if a corporation, the names and addresses of all stockholders and directors;

if a partnership, the names and addresses of all partners, both general and limited.

(d) An application shall be filed with the Board by January 1 of the year preceding any calendar year for which an applicant seeks an owners license;

however, applications for an owners license permitting operations on January 1, 1991 shall be filed by July 1, 1990.

An application fee of $50,000 shall be paid at the time of filing to defray the costs associated with the background investigation conducted by the Board.

If the costs of the investigation exceed $50,000, the applicant shall pay the additional amount to the Board.

If the costs of the investigation are less than $50,000, the applicant shall receive a refund of the remaining amount.

All information, records, interviews, reports, statements, memoranda or other data supplied to or used by the Board in the course of its review or investigation of an application for a license under this Act shall be privileged, strictly confidential and shall be used only for the purpose of evaluating an applicant.

Such information, records, interviews, reports, statements, memoranda or other data shall not be admissible as evidence, nor discoverable in any action of any kind in any court or before any tribunal, board, agency or person, except for any action deemed necessary by the Board.

(e) The Board shall charge each applicant a fee set by the Department of State Police to defray the costs associated with the search and classification of fingerprints obtained by the Board with respect to the applicant's application.

SB1607 Enrolled -5- LRB093 02991 LRD 03007 b These fees shall be paid into the State Police Services Fund.

(f) The licensed owner shall be the person primarily responsible for the boat itself.

Only one riverboat gambling operation may be authorized by the Board on any riverboat.

The applicant must identify each riverboat it intends to use and certify that the riverboat:

(1) has the authorized capacity required in this Act;

(2) is accessible to disabled persons;

and (3) is fully registered and licensed in accordance with any applicable laws.

(g) A person who knowingly makes a false statement on an application is guilty of a Class A misdemeanor.

(Source:

P.A.

91-40, eff.

6-25-99.) (230 ILCS 10/7) (from Ch.

120, par.

2407) Sec.

7.

Owners Licenses.

(a) The Board shall issue owners licenses to persons, firms or corporations which apply for such licenses upon payment to the Board of the non-refundable license fee set by the Board, upon payment of a $25,000 license fee for the first year of operation and a $5,000 license fee for each succeeding year and upon a determination by the Board that the applicant is eligible for an owners license pursuant to this Act and the rules of the Board.

A person, firm or corporation is ineligible to receive an owners license if:

(1) the person has been convicted of a felony under the laws of this State, any other state, or the United States;

(2) the person has been convicted of any violation of Article 28 of the Criminal Code of 1961, or substantially similar laws of any other jurisdiction;

(3) the person has submitted an application for a license under this Act which contains false information;

(4) the person is a member of the Board;

(5) a person defined in (1), (2), (3) or (4) is an SB1607 Enrolled -6- LRB093 02991 LRD 03007 b officer, director or managerial employee of the firm or corporation;

(6) the firm or corporation employs a person defined in (1), (2), (3) or (4) who participates in the management or operation of gambling operations authorized under this Act;

(7) (blank);

or (8) a license of the person, firm or corporation issued under this Act, or a license to own or operate gambling facilities in any other jurisdiction, has been revoked.

(b) In determining whether to grant an owners license to an applicant, the Board shall consider:

(1) the character, reputation, experience and financial integrity of the applicants and of any other or separate person that either:

(A) controls, directly or indirectly, such applicant, or (B) is controlled, directly or indirectly, by such applicant or by a person which controls, directly or indirectly, such applicant;

(2) the facilities or proposed facilities for the conduct of riverboat gambling;

(3) the highest prospective total revenue to be derived by the State from the conduct of riverboat gambling;

(4) _____________t_____________________s_____________ _p_____________________h_________________________S__________ _n_____________________s____________________ the good faith affirmative action plan of each applicant to recruit, train and upgrade m____r______________________e__ ---------- in all employment classifications;

(5) the financial ability of the applicant to purchase and maintain adequate liability and casualty SB1607 Enrolled -7- LRB093 02991 LRD 03007 b insurance;

(6) whether the applicant has adequate capitalization to provide and maintain, for the duration of a license, a riverboat;

a --- (7) the extent to which the applicant exceeds or meets other standards for the issuance of an owners license which the Board may adopt by rule;

___n__ _________________f______________________n_______.

(c) Each owners license shall specify the place where riverboats shall operate and dock.

(d) Each applicant shall submit with his application, on forms provided by the Board, 2 sets of his fingerprints.

(e) The Board may issue up to 10 licenses authorizing the holders of such licenses to own riverboats.

In the application for an owners license, the applicant shall state the dock at which the riverboat is based and the water on which the riverboat will be located.

The Board shall issue 5 licenses to become effective not earlier than January 1, 1991.

Three of such licenses shall authorize riverboat gambling on the Mississippi River, o _____________i_____________ _____b_____________________s______________________i_____________ _____i_____________________u______________________d_____________ _____s_____________________2_______________________d____________ _____a______________________G______________________a____________ _____c_____________________m______________________r_____________ _____s_____________________A____ one of which shall authorize riverboat gambling from a home dock in the city of East St.

Louis,---------------------a----------------------t------------- -----i---------------------n-----------------------(------------ -----h---------------------r----------------------s------------- -----s---------------------t------------------------M----------- ------a--------------------t----------------------d------------- ------9--------------------m----------------------t------------- -----b---------------------o----------------------c------------- SB1607 Enrolled -8- LRB093 02991 LRD 03007 b -------t---------.

One other license shall authorize riverboat gambling on the Illinois River south of Marshall County.

The Board shall issue one additional license to become effective not earlier than March 1, 1992, which shall authorize riverboat gambling on the Des Plaines River in Will County.

The Board may issue 4 additional licenses to become effective not earlier than March 1, 1992.

In determining the water upon which riverboats will operate, the Board shall consider the economic benefit which riverboat gambling confers on the State, and shall seek to assure that all regions of the State share in the economic benefits of riverboat gambling.

In granting all licenses, the Board may give favorable consideration to economically depressed areas of the State, to applicants presenting plans which provide for significant economic development over a large geographic area, and to applicants who currently operate non-gambling riverboats in Illinois.

The Board shall review all applications for owners licenses, and shall inform each applicant of the Board's decision.

T_________________g_____________________c_____________ _____c_____________________m______________________e_____________ _____t_____________________t______________________e_____________ ______a____________________x______________________a_____________ _____t______________________t_____________________r_____________ _____o_____________________i______________ _n_____________________e______________________r_____________ ______u_______________ the Board may revoke the owners license of a licensee which fails to begin conducting gambling within 15 months of receipt of the Board's approval of the application if the Board determines that license revocation is in the best interests of the State.

(f) The first 10 owners licenses issued under this Act shall permit the holder to own up to 2 riverboats and equipment thereon for a period of 3 years after the effective date of the license.

Holders of the first 10 owners licenses SB1607 Enrolled -9- LRB093 02991 LRD 03007 b must pay the annual license fee for each of the 3 years during which they are authorized to own riverboats.

(g) Upon the termination, expiration, or revocation of each of the first 10 licenses, which shall be issued for a 3 year period, all licenses are renewable annually upon payment of the fee and a determination by the Board that the licensee continues to meet all of the requirements of this Act and the Board's rules.

However, for licenses renewed on or after May 1, 1998, renewal shall be for a period of 4 years, unless the Board sets a shorter period.

(h) An owners license shall entitle the licensee to own up to 2 riverboats.

A licensee shall limit the number of gambling participants to 1,200 for any such owners license.

A licensee may operate both of its riverboats concurrently, provided that the total number of gambling participants on both riverboats does not exceed 1,200.

Riverboats licensed to operate on the Mississippi River and the Illinois River south of Marshall County shall have an authorized capacity of at least 500 persons.

Any other riverboat licensed under this Act shall have an authorized capacity of at least 400 persons.

(i) A licensed owner is authorized to apply to the Board for and, if approved therefor, to receive all licenses from the Board necessary for the operation of a riverboat, including a liquor license, a license to prepare and serve food for human consumption, and other necessary licenses.

All use, occupation and excise taxes which apply to the sale of food and beverages in this State and all taxes imposed on the sale or use of tangible personal property apply to such sales aboard the riverboat.

(j) The Board may issue _____________ a license authorizing a riverboat to dock in a municipality or approve a relocation under Section 11.2 only if, prior to the issuance _______________ of the license or approval, the SB1607 Enrolled -10- LRB093 02991 LRD 03007 b governing body of the municipality in which the riverboat will dock has by a majority vote approved the docking of riverboats in the municipality.

The Board may issue __ _____s___ a license authorizing a riverboat to dock in areas of a county outside any municipality or approve a relocation under Section 11.2 only if, prior to the issuance __ _____s______ of the license or approval, the governing body of the county has by a majority vote approved of the docking of riverboats within such areas.

(Source:

P.A.

91-40, eff.

6-25-99;

92-600, eff.

6-28-02.) (230 ILCS 10/7.1 new) _e______________________o_____________________n_____________ _____s____ _a_____________________c______________________p_____________ _____a_____________________e______________________t_____________ _____s_____________________g______________________n_____________ _____s_____________________a______________________n_____________ _____i_____________________a______________________a_____________ _____t_____________________l______________________e_____________ _____s______________________a_____________________o_____________ _____t_____________________s______________________t_____________ _____c_____________________m______________________l_____________ ______i________________ _b_____________________i______________________s_____________ _____r_____________________i______________________w_____________ ______S____________________t______________________t_____________ _____s_____________________p______________________6_____________ _____c_____________________m________________________B___________ _____i_____________________e______________________r_____________ _____c_____________________a____________________ _c_____________________a______________________r_____________ ______a____________________l_______________________a____________ _____a_____________________l______________________d_____________ SB1607 Enrolled -11- LRB093 02991 LRD 03007 b _____r_______________________3_____________________t____________ _____t_____________________o_______________________b____________ _____c___________ _d_____________________t______________________s_____________ _____s_____________________t______________________e_____________ _____r_____________________o______________________w_____________ _____t_____________________'______________________a_____________ _____e_____________________s______________________h_____________ _____t_____________________e______________________e_____________ _____i_____________________a______________________t_____________ _____i_____________________l______________________d_____________ _____f______________________S______________________t____________ _____i______________ _e_____________________i______________________c_____________ _____s_____________________d_______________________a____________ _____n______________________o_____________________)_____________ ____ (230 ILCS 10/7.2 new) _e________________________o_____________________A___________ _____t_____________________y______________________u_____________ _____6_______________________3_____________________d____________ _____t_____________________r_______________________l____________ _____s_____________________o______________________i_____________ _____t_____________________n______________________t_________ (230 ILCS 10/7.3 new) _e_____________________c______________________o____ _a_____________________n______________________r_____________ _____s_____________________n________________________p___________ _______r___________________t______________________e_____________ _____c_____________________e______________________-_____________ _____s_____________________l______________________c_____________ _____i_____________________a______________________h_____________ SB1607 Enrolled -12- LRB093 02991 LRD 03007 b _____u_____________________s______________________c_____________ _____i________________________p___________________i_____________ _____n_____________________e______________________n_____________ _____s_____________________p______________________d_____________ _____n_____________________t_______________________a____________ _____c__________ _b_____________________l________________________o___________ _____i_____________________u______________________a_____________ _____i_____________________t_______________________o____________ _______a_____________________o____________________b_____________ _____i______________________t_____________________n_____________ _____b_______________ _c_______________________h____________________v_____________ _____v_____________________e______________________y_____________ _____d_____________________a______________________e_____________ _____r_____________________f______________________p_____________ _____A_____________________i______________________c_____________ _____._ _d_____________________b______________________e_____________ ______S____________________e______________________a_____________ _____h_____________________h______________________o_____________ _____b_____________________i______________________a_____________ _____s______________________a_____________________o_______ (230 ILCS 10/7.4 new) _e_____________________c_______ _a______________________m_____________________B_____________ _____e_____________________e______________________i_____________ _____c_______________________T____________________l_____________ _______p___________________B______________________o_____________ _____m_____________________d______________________i_____________ _____e_____________________r______________________(_____________ _____n_____________________i______________________t_____________ _______t___________________b______________________o_____________ SB1607 Enrolled -13- LRB093 02991 LRD 03007 b _____b_____________________m______________________n_____________ _____c_____________________r________ _b_____________________m_______________________t____________ _____m_____________________f_______________________i____________ _____p_____________________1______________________l___ _c_____________________o______________________n_____________ _____v______________________i___ _________________a_______________________f____________ _h_____________________,________________________t___________ _t______ _________________h______________________a_____________ _f_____________________h_________________________1__________ _u_____________________l______________________s_________ __________________h_____________________i_____________ _i______________________w_____________________i____________ __________________a_____________________;_ _________________n______________________o_____________ _f______________________m_____________________f_____________ _o___________ _________________o______________________e_____________ _n_____________________o______________________a_____________ _a_____________________n______________________n_____________ _n_________________ _________________t________________________c___________ _s_____________________c______________________w_____________ _a______________________a_____________________n_____________ _e_______ _d_______________________s_____________________h____________ _____c_____________________c_______________________s____________ _____r_______________ _e_____________________c______________________a_____________ _____o_____________________o______________________h_____________ _____t______________________t__________ _f_____________________n______________________t_____________ SB1607 Enrolled -14- LRB093 02991 LRD 03007 b _____c______________________C____________________ _g_____________________c______________________a_____________ _____d_____________________r______________________r_____________ _____s______________________t______________________a____________ ______n_____________________o_____________________d_____________ _____r_____________________i______________________e_____________ _____e_____________________t______________________e_____________ _____n_____________________e________________ _h_____________________g______________________s_____________ _____a_____________________n______________________m_____________ _____c______________________l_____________________e_____________ _____e_____________________e______________________s_____________ _____o_____________________a______________________i_____________ _____e_____________________d__ (230 ILCS 10/7.5 new) _e______________________B_____________________r_____________ ______i_____________________o_____________________n_____________ _____o_____________________o_______________________S____________ _____a_____________________n______________________t_____________ _____o_____________________o_______________________S____________ _____o_____________________b______________________a_____________ _____w________________ _1_____________________a________________________o___________ _____e_____________________b______________________a_____________ _____n_____________________c______________________a_____________ _____._ _2_______________________p_____________________o____________ _____s_____________________B______________________e_____________ _____t______________________a_____________________o_____________ _____a_____________________n___________ _3_____________________a______________________l_____________ ______o____________________r______________________c_____________ _____o_______________________o____________________a_____________ SB1607 Enrolled -15- LRB093 02991 LRD 03007 b _____e_____________________t________________________f___________ _____s______________________t_____________________e__________ _4_____________________u______________________t_____________ _____a_____________________a______________________c__ _5_______________________e____________________s_____________ _____n______________________n_____________________a_____________ _____p_____________________r______________________r___ _6_____________________n______________________p_____________ _____h_____________________e______________________e_____________ _____._ _7_____________________p______________________t_____________ _____n_____________________n______________________B_____________ _____e_____________________u______________________a_____________ ________a__________________g________________________e___________ _____c______________________l_____________________w_____________ _____i_____________________o______________________t_____________ _______s____________________w_____________________n_____________ _____i______________________l_____________________m_____________ _____u_____________________t______________________d_____________ _____e_____________________a___ _8_____________________o______________________e_____________ _____a_____________________i______________________i_____________ _____l_______________________i____________________l_____________ _____t_____________________r________ _9_____________________d______________________e_____________ _____o_____________________a______________________f_____________ _____m_____________________n______________________t_____________ _____b_____________________,______________________n_____________ _____r_____________________h________________________o___________ _____m_____________________r_________________ (230 ILCS 10/10) (from Ch.

120, par.

2410) Sec.

10.

Bond of licensee.

Before an owners license is issued ___________________a_____________________s________, the SB1607 Enrolled -16- LRB093 02991 LRD 03007 b licensee shall post a bond in the sum of $200,000 to the State of Illinois.

The bond shall be used to guarantee that the licensee faithfully makes the payments, keeps his books and records and makes reports, and conducts his games of chance in conformity with this Act and the rules adopted by the Board.

The bond shall not be canceled by a surety on less than 30 days notice in writing to the Board.

If a bond is canceled and the licensee fails to file a new bond with the Board in the required amount on or before the effective date of cancellation, the licensee's license shall be revoked.

The total and aggregate liability of the surety on the bond is limited to the amount specified in the bond.

(Source:

P.A.

86-1029.) (230 ILCS 10/11) (from Ch.

120, par.

2411) Sec.

11.

Conduct of gambling.

Gambling may be conducted by licensed owners o_______n______________________h_____________ _____ aboard riverboats, subject to the following standards:

(1) A licensee may conduct riverboat gambling authorized under this Act regardless of whether it conducts excursion cruises.

A licensee may permit the continuous ingress and egress of passengers for the purpose of gambling.

(2) (Blank).

(3) Minimum and maximum wagers on games shall be set by the licensee.

(4) Agents of the Board and the Department of State Police may board and inspect any riverboat at any time for the purpose of determining whether this Act is being complied with.

Every riverboat, if under way and being hailed by a law enforcement officer or agent of the Board, must stop immediately and lay to.

(5) Employees of the Board shall have the right to be present on the riverboat or on adjacent facilities SB1607 Enrolled -17- LRB093 02991 LRD 03007 b under the control of the licensee.

(6) Gambling equipment and supplies customarily used in conducting riverboat gambling must be purchased or leased only from suppliers licensed for such purpose under this Act.

(7) Persons licensed under this Act shall permit no form of wagering on gambling games except as permitted by this Act.

(8) Wagers may be received only from a person present on a licensed riverboat.

No person present on a licensed riverboat shall place or attempt to place a wager on behalf of another person who is not present on the riverboat.

(9) Wagering shall not be conducted with money or other negotiable currency.

(10) A person under age 21 shall not be permitted on an area of a riverboat where gambling is being conducted, except for a person at least 18 years of age who is an employee of the riverboat gambling operation.

No employee under age 21 shall perform any function involved in gambling by the patrons.

No person under age 21 shall be permitted to make a wager under this Act.

(11) Gambling excursion cruises are permitted only when the waterway for which the riverboat is licensed is navigable, as determined by the Board in consultation with the U.S.

Army Corps of Engineers.

This paragraph (11) does not limit the ability of a licensee to conduct gambling authorized under this Act when gambling excursion cruises are not permitted.

(12) All tokens, chips or electronic cards used to make wagers must be purchased from a licensed owner o __ _a______ either aboard a riverboat or at an onshore facility which has been approved by the Board and which is located where the riverboat docks.

The tokens, chips SB1607 Enrolled -18- LRB093 02991 LRD 03007 b or electronic cards may be purchased by means of an agreement under which the owner o __________ extends credit to the patron.

Such tokens, chips or electronic cards may be used while aboard the riverboat only for the purpose of making wagers on gambling games.

(13) Notwithstanding any other Section of this Act, in addition to the other licenses authorized under this Act, the Board may issue special event licenses allowing persons who are not otherwise licensed to conduct riverboat gambling to conduct such gambling on a specified date or series of dates.

Riverboat gambling under such a license may take place on a riverboat not normally used for riverboat gambling.

The Board shall establish standards, fees and fines for, and limitations upon, such licenses, which may differ from the standards, fees, fines and limitations otherwise applicable under this Act.

All such fees shall be deposited into the State Gaming Fund.

All such fines shall be deposited into the Education Assistance Fund, created by Public Act 86-0018, of the State of Illinois.

(14) In addition to the above, gambling must be conducted in accordance with all rules adopted by the Board.

(Source:

P.A.

91-40, eff.

6-25-99.) (230 ILCS 10/11.1) (from Ch.

120, par.

2411.1) Sec.

11.1.

Collection of amounts owing under credit agreements.

Notwithstanding any applicable statutory provision to the contrary, a licensed owner o_r_________ who extends credit to a riverboat gambling patron pursuant to Section 11 (a) (12) of this Act is expressly authorized to institute a cause of action to collect any amounts due and owing under the extension of credit, as well as the owner's _____n_______ costs, expenses and reasonable attorney's fees SB1607 Enrolled -19- LRB093 02991 LRD 03007 b incurred in collection.

(Source:

P.A.

86-1029;

86-1389;

87-826.) (230 ILCS 10/12) (from Ch.

120, par.

2412) Sec.

12.

Admission tax;

fees.

(a) A tax is hereby imposed upon admissions __ _____b_____________________e____________ authorized pursuant to this Act.

Until July 1, 2002, the rate is $2 per person admitted.

____ --------g- July 1, 2002 ______J____________, the rate is $3 per person admitted.

B ____________l_____________ _____a_____________________i______________________s_____________ _____r_____________________a________________________p___________ _____t_____________________e______________________h_____________ _____o______________________p_____________________o_____________ _______t___________________p______________________o_____________ _____a_____________________3______________________t_____________ _____d_______________________i____________________d________ This admission tax is imposed upon the licensed owner conducting gambling.

(1) The admission tax shall be paid for each admission.

(2) (Blank).

(3) The riverboat licensee may issue tax-free passes to actual and necessary officials and employees of the licensee or other persons actually working on the riverboat.

(4) The number and issuance of tax-free passes is subject to the rules of the Board, and a list of all persons to whom the tax-free passes are issued shall be filed with the Board.

_a______________________i_____________________o_____________ _____i_______________________b____________________e_____________ _____o_____________________r______________________c_____________ _____a_____________________i______________________s_____________ SB1607 Enrolled -20- LRB093 02991 LRD 03007 b _____r_____________________a________________________p___________ _____t_____________________e______________________h_____________ _____o______________________p_____________________o_____________ _______t___________________p______________________o_____________ _____a_____________________3______________________t_____________ _____d______________________$_____________________d__ _________________o______________________i_____________ _d_________ _____________ _________________d______________________e_____________ _o_____________________y______________________y_____________ _a_____________________p______________________k_____________ _i_________ _________________n______________________e_____________ _u_____________________s______________________a_____________ _e_____________________e______________________e_____________ _i____________________ (b) From the tax imposed under subsection (a) a _______ _____m_____________________i__________, a municipality shall receive from the State $1 for each person embarking on a riverboat docked within the municipality, and a county shall receive $1 for each person embarking on a riverboat docked within the county but outside the boundaries of any municipality.

The municipality's or county's share shall be collected by the Board on behalf of the State and remitted quarterly by the State, subject to appropriation, to the treasurer of the unit of local government for deposit in the general fund.

(c) The licensed owner shall pay the entire admission tax to the Board a__________l_____________________a_____________ _____e_______________________t_________.

Such payments shall be made daily.

Accompanying each payment shall be a return on forms provided by the Board which shall include other information regarding admissions as the Board may require.

SB1607 Enrolled -21- LRB093 02991 LRD 03007 b Failure to submit either the payment or the return within the specified time may result in suspension or revocation of the owners o___________ license.

(d) The Board shall administer and collect the admission tax imposed by this Section, to the extent practicable, in a manner consistent with the provisions of Sections 4, 5, 5a, 5b, 5c, 5d, 5e, 5f, 5g, 5i, 5j, 6, 6a, 6b, 6c, 8, 9 and 10 of the Retailers' Occupation Tax Act and Section 3-7 of the Uniform Penalty and Interest Act.

(Source:

P.A.

91-40, eff.

6-25-99;

92-595, eff.

6-28-02.) (230 ILCS 10/13) (from Ch.

120, par.

2413) Sec.

13.

Wagering tax;

rate;

distribution.

(a) Until January 1, 1998, a tax is imposed on the adjusted gross receipts received from gambling games authorized under this Act at the rate of 20%.

From January 1, 1998 until July 1, 2002, a privilege tax is imposed on persons engaged in the business of conducting riverboat gambling operations, based on the adjusted gross receipts received by a licensed owner from gambling games authorized under this Act at the following rates:

15% of annual adjusted gross receipts up to and including $25,000,000;

20% of annual adjusted gross receipts in excess of $25,000,000 but not exceeding $50,000,000;

25% of annual adjusted gross receipts in excess of $50,000,000 but not exceeding $75,000,000;

30% of annual adjusted gross receipts in excess of $75,000,000 but not exceeding $100,000,000;

35% of annual adjusted gross receipts in excess of $100,000,000.

Beginning July 1, 2002, a privilege tax is imposed on persons engaged in the business of conducting riverboat gambling operations, ____r______________________r_____________ SB1607 Enrolled -22- LRB093 02991 LRD 03007 b _____b_____________________o______________________t_____ based on the adjusted gross receipts received by a licensed owner from gambling games authorized under this Act at the following rates:

15% of annual adjusted gross receipts up to and including $25,000,000;

22.5% of annual adjusted gross receipts in excess of $25,000,000 but not exceeding $50,000,000;

27.5% of annual adjusted gross receipts in excess of $50,000,000 but not exceeding $75,000,000;

32.5% of annual adjusted gross receipts in excess of $75,000,000 but not exceeding $100,000,000;

37.5% of annual adjusted gross receipts in excess of $100,000,000 but not exceeding $150,000,000;

45% of annual adjusted gross receipts in excess of $150,000,000 but not exceeding $200,000,000;

50% of annual adjusted gross receipts in excess of $200,000,000.

_____b_____________________o______________________e_____________ _____h______________________n______________________t____________ ______t_____________ The taxes imposed by this Section shall be paid by the licensed owner to the Board not later than 3:00 o'clock p.m.

of the day after the day when the wagers were made.

(b) Until January 1, 1998, 25% of the tax revenue deposited in the State Gaming Fund under this Section shall be paid, subject to appropriation by the General Assembly, to the unit of local government which is designated as the home dock of the riverboat.

Beginning January 1, 1998, from the tax revenue deposited in the State Gaming Fund under this Section, an amount equal to 5% of adjusted gross receipts generated by a riverboat shall be paid monthly, subject to appropriation by the General Assembly, to the unit of local government that is designated as the home dock of the SB1607 Enrolled -23- LRB093 02991 LRD 03007 b riverboat.

F_______________v_______________________S____________ _____p______________________g_____________________o_____________ _____s______________________o_____________________n_____________ _____f_____________________e______________________u_____________ _____b_____________________o______________________h_____________ _____p_______________________G____________________o_____________ ______g____________________e______________________d_____________ _____b_____________________e______________________p_____________ _____c_____ (c) Appropriations, as approved by the General Assembly, may be made from the State Gaming Fund to the Department of Revenue and the Department of State Police for the administration and enforcement of this Act.

(c-5) After the payments required under subsections (b) and (c) have been made, an amount equal to 15% of the adjusted gross receipts of ( _____________________e_ ----------- --- that relocates pursuant to Section 11.2, o -- (2) a_________ _____s_____________________a_______________________p____________ -----w----- an owners license t____ is initially issued after _____2___ -----------------e----------------------c------ 1999, _____)______________________g_____________________o_____________ _____s_____________________a_______________________S____________ whichever comes first, shall be paid from the State Gaming Fund into the Horse Racing Equity Fund.

(c-10) Each year the General Assembly shall appropriate from the General Revenue Fund to the Education Assistance Fund an amount equal to the amount paid into the Horse Racing Equity Fund pursuant to subsection (c-5) in the prior calendar year.

(c-15) After the payments required under subsections (b), (c), and (c-5) have been made, an amount equal to 2% of the adjusted gross receipts of ____________r___________ - -----b-------- that relocates pursuant to Section 11.2, o -- (2) _____n_____________________i______________________g_____________ SB1607 Enrolled -24- LRB093 02991 LRD 03007 b _____a_______ ---------- an owners license ____ is initially issued after J________ ----e----------------------s------------- -----o-- 1999, ___________f______________________n_____________ _____c_____________________n_______________________S____________ _____o_______ whichever comes first, shall be paid, subject to appropriation from the General Assembly, from the State Gaming Fund to each home rule county with a population of over 3,000,000 inhabitants for the purpose of enhancing the county's criminal justice system.

(c-20) Each year the General Assembly shall appropriate from the General Revenue Fund to the Education Assistance Fund an amount equal to the amount paid to each home rule county with a population of over 3,000,000 inhabitants pursuant to subsection (c-15) in the prior calendar year.

(c-25) After the payments required under subsections (b), (c), (c-5) and (c-15) have been made, an amount equal to 2% of the adjusted gross receipts of ( ___________r__________ - -----b-------- that relocates pursuant to Section 11.2, o -- (2) _____w_____________________c______________________n_____________ _____a______ --------- an owners license ____ is initially issued after ________ --e----------------------i------------- -----f- 1999, _____________r______________________g_____________ _____c_____________________a______________________e_____________ _____o_______ whichever comes first, shall be paid from the State Gaming Fund _______a____________________ -n------------- -----r---------------------t--------------------.

(d) From time to time, the Board shall transfer the remainder of the funds generated by this Act into the Education Assistance Fund, created by Public Act 86-0018, of the State of Illinois.

(e) Nothing in this Act shall prohibit the unit of local government designated as the home dock of the riverboat from entering into agreements with other units of local government in this State or in other states to share its portion of the SB1607 Enrolled -25- LRB093 02991 LRD 03007 b tax revenue.

(f) To the extent practicable, the Board shall administer and collect the wagering taxes imposed by this Section in a manner consistent with the provisions of Sections 4, 5, 5a, 5b, 5c, 5d, 5e, 5f, 5g, 5i, 5j, 6, 6a, 6b, 6c, 8, 9, and 10 of the Retailers' Occupation Tax Act and Section 3-7 of the Uniform Penalty and Interest Act.

(Source:

P.A.

91-40, eff.

6-25-99;

92-595, eff.

6-28-02.) (230 ILCS 10/15) (from Ch.

120, par.

2415) Sec.

15.

Audit of Licensee Operations.

Within 90 days after the end of each quarter of each fiscal year, the licensed owner o__________ shall transmit to the Board an audit of the financial transactions and condition of the licensee's total operations.

All audits shall be conducted by certified public accountants selected by the Board.

Each certified public accountant must be registered in the State of Illinois under the Illinois Public Accounting Act.

The compensation for each certified public accountant shall be paid directly by the licensed owner ______n_____ to the certified public accountant.

(Source:

P.A.

86-1029;

86-1389.) (230 ILCS 10/23) (from Ch.

120, par.

2423) Sec.

23.

The State Gaming Fund.

On or after the effective date of this Act, all of the fees and taxes collected pursuant to subsections of this Act shall be deposited into the State Gaming Fund, a special fund in the State Treasury, which is hereby created.

T _______j_____________ _____p______________________g_____________________o_____________ _____s______________________o_____________________g_____________ _____n_____________________d______________________e_____________ ______b____________________e______________________ Fines and penalties collected pursuant to this Act shall be deposited SB1607 Enrolled -26- LRB093 02991 LRD 03007 b into the Education Assistance Fund, created by Public Act 86-0018, of the State of Illinois.

(Source:

P.A.

86-1029.) Section 15.

"An Act in relation to gambling, amending named Acts", approved June 25, 1999, Public Act 91-40, is amended by changing Section 30 as follows:

(P.A.

91-40, Sec.

30) Sec.

30.

___________y______________________n_____________ _____i_____________________a________________________a___________ _____i_______________________i____________________d_____________ _____t_____________________s______________________h_____________ _____b_____________________t______________________p_____________ _____s______________________t_____________________h_____________ _____a_____________________i______________________t_____________ _____e_____________________l________________________w___________ _____e_____________________o_______________________o____________ _____a____________ -n---------------------p-----------------------a------------ -----d-----------------------I--------------------h------------- ------t---------------------p---------------------c------------- -----t---------------------v------ (Source:

P.A.

91-40, eff.

6-25-99.) Section 97.

Severability.

In accordance with Section 1.31 of the Statute on Statutes, the provisions of this Act are severable.

If any provision of this amendatory Act, or the application of any provision of this amendatory Act to any person or circumstance, is held invalid, such invalidity shall not affect other provisions or applications of this amendatory Act which can be given effect without the invalid provision or application, and the application of this amendatory Act to persons or circumstances other than those SB1607 Enrolled -27- LRB093 02991 LRD 03007 b as to which it is held invalid shall not be affected thereby.

Section 99.

Effective date.

This Act takes effect upon becoming law.