IL SB2487 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Provides that, if and only if Senate Bill 744 of the 97th General Assembly becomes law, then the Illinois Gambling Act is amended (1) to require the Illinois Gaming Board to award owners licenses to applicants whose plans (i) generate the highest amount of revenue to the State and (ii) provide for the least amount of cannibalization of existing licensees' revenues generated pursuant to this Act; (2) to condition the approval of relocation to a new home dock location for a licensee that was not conducting riverboat gambling on January 1, 1998 upon the determination that the new home dock provides for the least amount of cannibalization of an existing licensee's revenues; and (3) to provide that to be eligible to conduct electronic gaming, a person, firm, or corporation having operating control of a race track must provide for the least amount of cannibalization of existing licensees' revenues generated pursuant to the Act. Effective upon becoming law or on the date Senate Bill 744 of the 97th General Assembly takes effect, whichever is later.

Tracking Information

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Title

GAMING - TRAILER

Sponsors


History

DateChamberAction
2013-01-08SenateSession Sine Die
2011-10-12SenateReferred to Assignments
2011-10-12SenateFirst Reading
2011-10-12SenateFiled with Secretary by Sen. Michael Noland

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2301011.2Amended CodeCitation Text
230107Amended CodeCitation Text
230107.6Amended CodeCitation Text

Illinois State Sources


Bill Comments

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