Bill Text: IL SB0517 | 2019-2020 | 101st General Assembly | Introduced

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Bill Title: Amends the Illinois Horse Racing Act of 1975. Makes a technical change in a Section concerning deposits of fees.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2021-01-13 - Session Sine Die [SB0517 Detail]

Download: Illinois-2019-SB0517-Introduced.html

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101ST GENERAL ASSEMBLY State of Illinois 2019 and 2020 SB0517 Introduced 1/31/2019, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED:
230 ILCS 5/15.1 from Ch. 8, par. 37-15.1
Amends the Illinois Horse Racing Act of 1975. Makes a technical change in a Section concerning deposits of fees.
LRB101 04278 SMS 49286 b
A BILL FOR
SB0517 LRB101 04278 SMS 49286 b
AN ACT concerning gaming.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Horse Racing Act of 1975 is amended
by changing Section 15.1 as follows:
(230 ILCS 5/15.1) (from Ch. 8, par. 37-15.1)
Sec. 15.1. Upon collection of the the fee accompanying the
application for an occupation license, the Board shall be
authorized to make daily temporary deposits of the fees, for a
period not to exceed 7 days, with the horsemen's bookkeeper at
a race meeting. The horsemen's bookkeeper shall issue a check,
payable to the order of the Illinois Racing Board, for monies
deposited under this Section within 24 hours of receipt of the
monies. Provided however, upon the issuance of the check by the
horsemen's bookkeeper the check shall be deposited into the
Horse Racing Fund.
(Source: P.A. 97-1060, eff. 8-24-12.)