Comments: IL HB4707 | 2009-2010 | 96th General Assembly

Bill Title: Amends the Riverboat Gambling 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. Requires each licensee to make a quarterly report to the Board indicating profits and losses. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2010-01-04 - Referred to Rules Committee [HB4707 Detail]

Text: Latest bill text (Introduced) [HTML]

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