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Sen. Mike Jacobs
Filed: 4/29/2009
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09600HB0261sam002 |
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LRB096 00228 AMC 25907 a |
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| AMENDMENT TO HOUSE BILL 261
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| AMENDMENT NO. ______. Amend House Bill 261, on page 69, |
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| line 24, after the period, by inserting "If the licensed owner |
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| of a riverboat in operation on January 1, 2009 has capital |
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| projects of at least $45,000,000 that are approved by the Board |
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| in calendar years 2006 through 2009 or for which at least |
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| $45,000,000 in expenditures have been made in calendar years |
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| 2006 through 2009, then no admissions tax is imposed on |
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| admissions to that riverboat."; and
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| on page 76, immediately below line 2, by inserting the |
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| following:
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| "(a-5) If no admissions tax is imposed on admissions to a |
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| riverboat under Section 12, then in addition to any other tax |
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| imposed under this Section, a privilege tax of 1% of adjusted |
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| gross receipts is imposed on that riverboat, the proceeds of |
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| which shall be paid monthly,
subject to appropriation by the |
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| General Assembly, to the unit of local
government that is |