SB0737sam003 96TH GENERAL ASSEMBLY

Sen. Terry Link

Filed: 12/1/2010

09600SB0737sam003 LRB096 06805 AMC 44330 a

AMENDMENT TO SENATE BILL 737

AMENDMENT NO. ______. Amend Senate Bill 737, AS AMENDED, with reference to page and line numbers of Senate Amendment No. 1 as follows:

on page 27, line 16, after "bonds.", by inserting "This prohibition shall also apply to a company or firm that employs a person holding an elective office in this State, holding a seat in the General Assembly, or serving as a board member, trustee, officer, or employee of the Authority, including the spouse of that person, if the person or his or her spouse has greater than 7.5% ownership of the company or firm."; and

on page 211, line 7, after "paid", by inserting "as follows: 0.33 1/3%"; and

on page 215, line 18, by replacing "Horse" with "Illinois Horse"; and

on page 215, line 18, after "1975", by inserting "is authorized"; and

on page 218, line 13, by deleting "land-based"; and

on page 253, line 2, by replacing "Additionally, the" with "The"; and

on page 253, line 13, by deleting "from a home dock"; and

on page 254, lines 15 through 16, by replacing "amount for which privilege tax was paid under subsection (a-5) of Section 13 of this Act" with "adjusted gross receipts"; and

on page 255, line 10, after "Act", by inserting "and issued prior to the effective date of this amendatory Act of the 96th General Assembly"; and

on page 255, lines 14 through 16, by replacing "amount for which privilege tax was paid under subsection (a-5) of Section 13 of this Act" with "adjusted gross receipts"; and

on page 256, lines 11 through 12 and lines 16 through 17, by replacing "of a license issued pursuant to Section 7.1 of this Act" each time it appears with "subject to this subsection (e)"; and

on page 257, by replacing lines 18 through 21 with "2,000 for any such owners license. The initial fee for each gaming position obtained on or after the effective date of this amendatory Act of the 96th General Assembly shall be $12,500 for licensees not located in Cook County and $25,000 for licensees located in Cook County, in addition to the reconciliation payment, as set forth in (e-12), (e-16), or (h-5). A licensee may operate"; and

on page 257, lines 25 through 26, by deleting "The initial fee for each gaming position obtained on or after January 1, 2013 shall be $12,500 for"; and

on page 258, lines 1 through 2, by deleting "licensees not located in Cook County and $25,000 for licensees located in Cook County"; and

on page 258, line 2, by replacing "1,200." with "1,200."; and

on page 258, lines 8 through 9, by replacing "that are in addition to the initial positions that were purchased" with "on or after the effective date of this amendatory Act of the 96th General Assembly"; and

on page 258, line 13, after "(h).", by inserting "These initial fees shall be deposited into the Gaming Facilities Fee Revenue Fund."; and

on page 258, line 20, by replacing "(i) the average" with "(i) the"; and

on page 258, line 22, by deleting "for each gaming position"; and

on page 258, line 22, by deleting "average"; and

on page 258, line 23, by deleting "each gaming position in"; and

on page 258, line 25, by replacing "multiplied" with "divided"; and

on page 259, by replacing lines 7 and 8 with "determined by the Board. These reconciliation payments shall be deposited into the Capital Projects Fund."; and

on page 259, line 9, by replacing "obtained" with "purchased"; and

on page 259, by replacing line 10 with "owner as of January 1, 2016 shall be forfeited and retained by the Board and shall be offered in"; and

on page 266, line 15, by replacing "(h)" with "(i)"; and

on page 267, line 8, immediately after "Fund", by inserting ", except for the reconciliation payments that are governed by subsection (i) of this Section"; and

on page 268, line 22, after "remodeling", by inserting "or relocation"; and

on page 282, by replacing line 20 with "authorized under this Section is , subject to the"; and

on page 291, line 13, by replacing "or" with "on"; and

on page 292, line 1, by replacing "the $1" with "$1"; and

on page 292, immediately below line 4, by inserting the following:

"From the tax imposed under this subsection (c-5) on an electronic gaming facility that is located in an unincorporated area of Cook County and has been awarded standardbred racing dates during 2010 by the Illinois Racing Board, $1 for each person who enters the electronic gaming facility shall be distributed as follows, subject to appropriation: $0.50 to the Village of Melrose Park and $0.50 to Cook County."; and

on page 297, by deleting line 26; and

on page 298, by deleting lines 1 through 8; and

on page 298, by replacing lines 9 through 16 with the following:

"From the effective date of this amendatory Act of the 96th General Assembly until June 30, 2015, an owners licensee that (i) is located within 15 miles of the Missouri border and (ii) has at least 3 riverboats, casinos, or their equivalent within a 45-mile radius, may be authorized to relocate to a new location with the approval of the unit of local government that was designated as the home dock of the riverboat on January 1, 2010 and with Board approval and shall receive a dollar-for-dollar credit by the Board for any renovation or construction costs paid by the owners licensee, but in no event shall the credit exceed $2,000,000."; and

on page 300, by replacing lines 5 through 8 with the following:

"(a-7) From January 1, 2013 until January 1, 2016, if the total obligation imposed pursuant to either subsection (a-5) or (a-6) will result in an owners licensee receiving less after-tax adjusted gross receipts than it received in calendar year 2012, then the"; and

on page 304, line 9, by deleting "or the City of Collinsville"; and

on page 304, by replacing lines 13 through 19 with the following: "facility is located, except as otherwise provided in this Section. From the tax revenue deposited in the State Gaming Fund under this Section, an amount equal to 3% of adjusted gross receipts generated by each electronic gaming facility that is located in an unincorporated area of Cook County and has been awarded standardbred racing dates during 2010 by the Illinois Racing Board shall be paid monthly, subject to appropriation by the General Assembly, as follows: 50% to the Village of Melrose Park and 50% to Cook County. From the tax"; and

on page 304, line 22, by replacing "each" with "an"; and

on page 304, immediately below line 26, by inserting the following:

"From the tax revenue deposited in the State Gaming Fund under this Section, an amount equal to 3% of adjusted gross receipts generated by an electronic gaming facility located in the City of Collinsville shall be paid monthly, subject to appropriation by the General Assembly, as follows: 45% to the City of Alton, 45% to the City of East St. Louis, and 10% to the City of Collinsville."; and

on page 305, by replacing lines 4 through 8 with "(i) 1% of adjusted"; and

on page 305, line 12, by replacing "(iii)" with "(ii)".