Bill Text: IL HB4576 | 2021-2022 | 102nd General Assembly | Introduced

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Bill Title: Amends the Sports Wagering Act. Provides that beginning 4 years after issuance of the initial supplier license, a holder of a supplier license shall pay a $50,000 license fee for each additional 4-year renewal period (rather than a $150,000 annual license fee). Effective immediately.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2022-01-21 - Referred to Rules Committee [HB4576 Detail]

Download: Illinois-2021-HB4576-Introduced.html

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102ND GENERAL ASSEMBLY State of Illinois 2021 and 2022 HB4576 Introduced , by Rep. Robert Rita SYNOPSIS AS INTRODUCED:
230 ILCS 45/25-50
Amends the Sports Wagering Act. Provides that beginning 4 years after issuance of the initial supplier license, a holder of a supplier license shall pay a $50,000 license fee for each additional 4-year renewal period (rather than a $150,000 annual license fee). Effective immediately.
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A BILL FOR
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AN ACT concerning gaming.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Sports Wagering Act is amended by changing
Section 25-50 as follows:
(230 ILCS 45/25-50)
Sec. 25-50. Supplier license.
(a) The Board may issue a supplier license to a person to
sell or lease sports wagering equipment, systems, or other
gaming items to conduct sports wagering and offer services
related to the equipment or other gaming items and data to a
master sports wagering licensee while the license is active.
(b) The Board may adopt rules establishing additional
requirements for a supplier and any system or other equipment
utilized for sports wagering. The Board may accept licensing
by another jurisdiction that it specifically determines to
have similar licensing requirements as evidence the applicant
meets supplier licensing requirements.
(c) An applicant for a supplier license shall demonstrate
that the equipment, system, or services that the applicant
plans to offer to the master sports wagering licensee conforms
to standards established by the Board and applicable State
law. The Board may accept approval by another jurisdiction

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that it specifically determines have similar equipment
standards as evidence the applicant meets the standards
established by the Board and applicable State law.
(d) Applicants shall pay to the Board a nonrefundable
license and application fee in the amount of $150,000. Except
as provided by Section 8.1 of the Illinois Gambling Act, the
initial supplier license shall be issued for 4 years unless
sooner canceled or terminated. After the initial period, the
Board shall renew supplier licenses for additional 4-year
periods unless sooner canceled or terminated. Renewal of a
supplier license shall be granted to a renewal applicant who
has continued to comply with all applicable statutory and
regulatory requirements. Beginning 4 years after issuance of
the initial supplier license, a holder of a supplier license
shall pay a $50,000 $150,000 annual license fee for each
additional 4-year renewal period.
(e) A supplier shall submit to the Board a list of all
sports wagering equipment and services sold, delivered, or
offered to a master sports wagering licensee in this State, as
required by the Board, all of which must be tested and approved
by an independent testing laboratory approved by the Board. A
master sports wagering licensee may continue to use supplies
acquired from a licensed supplier, even if a supplier's
license expires or is otherwise canceled, unless the Board
finds a defect in the supplies.
(Source: P.A. 101-31, eff. 6-28-19; 102-689, eff. 12-17-21.)

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Section 99. Effective date. This Act takes effect upon
becoming law.