Bill Text: IL SR0285 | 2021-2022 | 102nd General Assembly | Introduced
Bill Title: Urges the Commission on Government Forecasting and Accountability to report to the Illinois Senate estimates of the revenue that could have been generated through a privilege tax if Illinois had implemented internet gaming beginning February 28, 2020.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2021-05-11 - Referred to Assignments [SR0285 Detail]
Download: Illinois-2021-SR0285-Introduced.html
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| 1 | SENATE RESOLUTION
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| 2 | WHEREAS, COVID-19 created unprecedented circumstances that | ||||||
| 3 | changed the lives of all Illinoisans; and
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| 4 | WHEREAS, Changes in consumer behavior are likely to | ||||||
| 5 | continue after the virus has run its course; and
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| 6 | WHEREAS, The COVID-19 pandemic made many Illinoisans wary | ||||||
| 7 | of leaving their homes for nonessential activities and forced | ||||||
| 8 | many casinos to close their doors for the safety of their | ||||||
| 9 | patrons and employees; and
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| 10 | WHEREAS, Internet gaming is partially immune to pandemics | ||||||
| 11 | due to the remote nature of this type of gaming; and
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| 12 | WHEREAS, States with legal and available internet gaming, | ||||||
| 13 | such as New Jersey, Pennsylvania, and Delaware, were able to | ||||||
| 14 | generate revenue during the COVID-19 pandemic; and
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| 15 | WHEREAS, Nationwide, in the few states that offer it, | ||||||
| 16 | internet gaming earned approximately $402.7 million in gross | ||||||
| 17 | gaming revenue during the second quarter of 2020, a more | ||||||
| 18 | productive quarter than national sports betting operations | ||||||
| 19 | have had to date, according to the American Gaming | ||||||
| 20 | Association; and
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| 1 | WHEREAS, An internet gaming law in Illinois that permits | ||||||
| 2 | online table games, slots, and poker with consumer safeguards, | ||||||
| 3 | a privilege tax on the adjusted gross gaming revenue wagered | ||||||
| 4 | on internet gaming platforms, and licensing fees has the | ||||||
| 5 | potential to increase revenue to the State during the COVID-19 | ||||||
| 6 | pandemic; therefore, be it
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| 7 | RESOLVED, BY THE SENATE OF THE ONE HUNDRED SECOND GENERAL | ||||||
| 8 | ASSEMBLY OF THE STATE OF ILLINOIS, that on or before October 1, | ||||||
| 9 | 2021 the Commission on Government Forecasting and | ||||||
| 10 | Accountability is urged to deliver a report to the Illinois | ||||||
| 11 | Senate that includes, at a minimum, detailed estimates of the | ||||||
| 12 | revenue that could have been generated through a privilege tax | ||||||
| 13 | if Illinois had implemented internet gaming beginning February | ||||||
| 14 | 28, 2020; and be it further
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| 15 | RESOLVED, The report should include, at a minimum, | ||||||
| 16 | estimates of revenue that could be generated with a privilege | ||||||
| 17 | tax imposed on the adjusted gross gaming revenue wagered on | ||||||
| 18 | internet gaming platforms at the following rates: | ||||||
| 19 | (a) 12%; | ||||||
| 20 | (b) 15%; | ||||||
| 21 | (c) 16%; | ||||||
| 22 | (d) 15% of the adjusted gross revenue up to and | ||||||
| 23 | including $25 million and 20% of the adjusted gross | ||||||
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| 1 | revenue in excess of $25 million; and | ||||||
| 2 | (e) Any other rate the Illinois Gaming Board deems | ||||||
| 3 | appropriate to consider; and be it further
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| 4 | RESOLVED, That the definition of adjusted gross revenue | ||||||
| 5 | used in the report should include the total of all sums | ||||||
| 6 | actually received by an Internet gaming licensee from Internet | ||||||
| 7 | gaming operations excluding free play and any promotional | ||||||
| 8 | credits, less the total of all sums actually paid out as | ||||||
| 9 | winnings to patrons, which includes the cash equivalent of any | ||||||
| 10 | merchandise or thing of value awarded as a prize; and be it | ||||||
| 11 | further
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| 12 | RESOLVED, That the report should provide additional | ||||||
| 13 | revenue estimates where the definition of adjusted gross | ||||||
| 14 | revenue excludes the dollar amount of non-cashable vouchers, | ||||||
| 15 | coupons, or promotions redeemed by participants on an Internet | ||||||
| 16 | gaming platform; and be it further
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| 17 | RESOLVED, That a suitable copy of this resolution be | ||||||
| 18 | delivered to the Commission on Government Forecasting and | ||||||
| 19 | Accountability.
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