IL HB2360 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 17 2021 - 25% progression, died in committee
Action: 2021-03-27 - House Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Gambling Act. In provisions concerning an owner licensee's calculation of adjusted gross receipts, provides for monthly and annual reconciliation calculations between promotional costs and total adjusted gross receipts. Amends the Sports Wagering Act. Provides that occupational licenses issued under the Illinois Gambling Act for employees of an owners licensee or organization gaming licensee, once granted, are considered equivalent licenses to work in sports wagering positions located at the same gaming facility. Provides that adjusted gross sports wagering receipts shall not include the dollar amount of certain promotions redeemed by wagerers. Provides for monthly and annual reconciliation calculations between promotional costs and total adjusted gross sports wagering receipts. Requires the Illinois Gaming Board to submit to the General Assembly no later than March 31, 2025 a comprehensive report that includes the effect of removing promotional costs from the calculation for adjusted gross sports wagering receipts and the tax rates imposed on sports wagering.

Tracking Information

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Title

GAMING BOARD-VARIOUS

Sponsors


History

DateChamberAction
2021-03-27HouseHouse Committee Amendment No. 1 Rule 19(c) / Re-referred to Rules Committee
2021-03-27HouseRule 19(a) / Re-referred to Rules Committee
2021-03-11HouseHouse Committee Amendment No. 1 Rules Refers to Executive Committee
2021-03-10HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2021-03-10HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Robert Rita
2021-03-09HouseAssigned to Executive Committee
2021-02-17HouseReferred to Rules Committee
2021-02-17HouseFirst Reading
2021-02-17HouseFiled with the Clerk by Rep. Robert Rita

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2301013Amended CodeCitation Text
2304525-15Amended CodeCitation Text
2304525-90Amended CodeCitation Text

Illinois State Sources


Bill Comments

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