HB1262sam005 97TH GENERAL ASSEMBLY

Sen. Terry Link

Filed: 11/8/2011

09700HB1262sam005 LRB097 06671 AEK 59669 a

AMENDMENT TO HOUSE BILL 1262

AMENDMENT NO. ______. Amend House Bill 1262, AS AMENDED, by replacing everything after the enacting clause with the following:

"Section 5. If and only if Senate Bill 1849 of the 97th General Assembly becomes law in its enrolled form, the Riverboat Gambling Act is amended by changing Section 2 and by adding Section 13.2 as follows:

(230 ILCS 10/2) (from Ch. 120, par. 2402)

Sec. 2. Legislative Intent.

(a) This Act is intended to benefit the people of the State of Illinois by assisting economic development, and promoting Illinois tourism and agriculture, assisting conservation and forestry programs, funding programs that assist the people of the State of Illinois during difficult economic conditions, and by increasing the amount of revenues available to the State to assist and support education, and by supporting programs that enhance the beauty of the State and its parks, rivers, forest preserves, and botanic gardens.

(b) While authorization of riverboat gambling will enhance investment, beautification, development and tourism in Illinois, it is recognized that it will do so successfully only if public confidence and trust in the credibility and integrity of the gambling operations and the regulatory process is maintained. Therefore, regulatory provisions of this Act are designed to strictly regulate the facilities, persons, associations and practices related to gambling operations pursuant to the police powers of the State, including comprehensive law enforcement supervision.

(c) The Illinois Gaming Board established under this Act should, as soon as possible, inform each applicant for an owners license of the Board's intent to grant or deny a license.

(Source: P.A. 93-28, eff. 6-20-03.)

(230 ILCS 10/13.2 new)

Sec. 13.2. Wagering tax; additional distributions.

(a) Beginning on the effective date of this amendatory Act of the 97th General Assembly, from the tax revenue deposited in the State Gaming Fund under Section 13, $150,000 shall be paid annually to a county forest preserve district for the maintenance of a botanic garden that was created by Section 43 of the Cook County Forest Preserve District Act.

(b) Beginning on the effective date of this amendatory Act of the 97th General Assembly, from the tax revenue deposited in the State Gaming Fund from electronic gaming under Section 13, (i) $10,000,000 shall be deposited annually into the Partners for Conservation Fund for grants to soil and water conservation districts, (ii) $1,000,000 shall be deposited annually into the Illinois Forestry Development Fund for costs associated with the CREP Forestry Assistance Program, (iii) $2,500,000 shall be deposited annually into the Illinois Historic Sites Fund for costs associated with the State's historic sites, (iv) $2,500,000 shall be deposited annually into the Park and Conservation Fund for costs associated with the State's state parks, and (v) $4,000,000 shall be deposited annually into the State Cooperative Service Trust Fund for grants to the State's cooperative extensions. Deposits made pursuant to this subsection (b) shall supplement, and not supplant, other State funding for these purposes.

(c) Beginning on the effective date of this amendatory Act of the 97th General Assembly and ending July 1, 2014, from the tax revenue deposited in the State Gaming Fund under Section 13, $2,000,000 shall be deposited annually into the Foreclosure Prevention Program Fund.".