TITLE 86: REVENUE
CHAPTER I: DEPARTMENT OF REVENUE
PART 430 BINGO LICENSE AND TAX ACT
SECTION 430.130 SUPPLIER'S LICENSES


 

Section 430.130  Supplier's Licenses

 

a)         Any person, firm, or corporation which sells, leases, or distributes, to any organization licensed to conduct bingo or to any licensed bingo supplier, cards, boards, sheets, markers, pads and any other supplies, devices and equipment designed for use in the play of bingo must obtain a license therefor from the Department.

 

b)         Applications.  Application for a supplier's license must be made on the form prescribed by the Department, and must be accompanied by a license fee of $200 in the form of a certified check or money order payable to the Illinois Department of Revenue.  Each supplier's license is valid for one year from its date of issuance.

 

c)         All suppliers shall inform the Department of the exact location of the storage of all supplies and equipment.  Within 30 days after the end of each calendar quarter during which a supplier's license was in effect, the supplier shall file a return with the Department listing all sales and leases of bingo supplies and equipment for such quarter and gross proceeds derived from each such sale or lease.  A supplier shall keep books and records for the furnishing of bingo supplies and equipment separate and distinct from any other business the supplier might operate.  A supplier shall maintain all such books and records for a period of at least three years and must allow inspection of the books and records by agents or employees of the Department during reasonable business hours (between 9 a.m. and 5 p.m., Monday through Friday).

 

(Source:  Amended at 15 Ill. Reg. 10944, effective July 10, 1991)