Bill Status of SB2723

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SB2723 - 104th General Assembly

GAMBLING-OWNERS LICENSES
Last Action
10/28/2025 - Senate: Referred to Assignments
Senate Sponsors
Sen. Bill Cunningham - Dave Syverson
Statutes Amended In Order of Appearance
230 ILCS 10/7from Ch. 120, par. 2407
Synopsis As Introduced
Amends the Illinois Gambling Act. Provides that each licensee shall make a reconciliation payment 3 years after the date the licensee begins operating in an amount equal to 75% of the adjusted gross receipts for the most lucrative consecutive 12-month period of operations, minus an amount equal to (i) the initial payment per gaming position paid by the specific licensee and (ii) the $15,000,000 reconciliation fee.
Actions
Date Chamber Action
10/28/2025 Senate Filed with Secretary by Sen. Bill Cunningham
10/28/2025 Senate First Reading
10/28/2025 Senate Referred to Assignments
10/28/2025 Senate Added as Chief Co-Sponsor Sen. Dave Syverson