SB0744ham006 97TH GENERAL ASSEMBLY

Rep. Lou Lang

Filed: 5/29/2011

09700SB0744ham006 LRB097 04465 ASK 56476 a

AMENDMENT TO SENATE BILL 744

AMENDMENT NO. ______. Amend Senate Bill 744, AS AMENDED, with reference to page and line numbers of House Amendment No. 1 as follows:

on page 34, line 22, by replacing "2" with "3"; and

on page 49, line 6, by replacing "expect" with "except"; and

on page 85, by replacing line 7 with "(e-10), (e-15), (e-25), and (h-5) of Section 7 and subsections (c) and"; and

on page 85, line 8, by replacing "(c)" with "(i)"; and

on page 213, lines 20 and 21, by replacing "separate and apart" with "separately"; and

on page 213, line 21, by replacing "fund" with "Fund"; and

on page 226, lines 5 and 6, by replacing "separate and apart" with "separately"; and

on page 251, line 13, after "7.3", by inserting "7.5,"; and

on page 256, line 12, after "is", by inserting "issued or"; and

on page 264, line 9, by replacing "owner's" with "owners"; and

on page 268, line 15, by replacing "by" with "affecting"; and

on page 284, line 4, after "for", by deleting "or"; and

on page 293, line 5, after "applicant", by inserting "or the proposed host municipality"; and

on page 295, line 19, by deleting "riverboat or"; and

on page 295, lines 21, 24, and 26, by deleting "or casino" each time it appears; and

on page 296, line 2, by deleting "or casino"; and

on page 296, by deleting lines 17 through 19; and

on page 296, line 20, by replacing "(5)" with "(4)"; and

on page 296, line 23, by replacing "(6)" with "(5); and

on page 302, line 1, by replacing "(e-20)" with "(e-15)"; and

on page 302, line 2, by replacing "(e-30)" with "(e-25)"; and

on page 302, line 12, after "who", by inserting "conducted gambling operations prior to January 1, 2011 and"; and

on page 302, line 20, by replacing "the owners licensee" with "that owners licensee"; and

on page 302, line 26, by replacing "subsection" with "subsection (h-5)"; and

on page 306, immediately below line 18, by inserting the following:

"(230 ILCS 10/7.5)

Sec. 7.5. Competitive Bidding. When the Board determines that it will re-issue an owners license pursuant to an open and competitive bidding process, as set forth in Section 7.1, or that it will issue a managers license pursuant to an open and competitive bidding process, as set forth in Section 7.4, or that it will issue an owners license pursuant to an open and competitive bidding process, as set forth in Section 7.11, the open and competitive bidding process shall adhere to the following procedures:

(1) The Board shall make applications for owners and managers licenses available to the public and allow a reasonable time for applicants to submit applications to the Board.

(2) During the filing period for owners or managers license applications, the Board may retain the services of an investment banking firm to assist the Board in conducting the open and competitive bidding process.

(3) After receiving all of the bid proposals, the Board shall open all of the proposals in a public forum and disclose the prospective owners or managers names, venture partners, if any, and, in the case of applicants for owners licenses, the locations of the proposed development sites.

(4) The Board shall summarize the terms of the proposals and may make this summary available to the public.

(5) The Board shall evaluate the proposals within a reasonable time and select no more than 3 final applicants to make presentations of their proposals to the Board.

(6) The final applicants shall make their presentations to the Board on the same day during an open session of the Board.

(7) As soon as practicable after the public presentations by the final applicants, the Board, in its discretion, may conduct further negotiations among the 3 final applicants. During such negotiations, each final applicant may increase its license bid or otherwise enhance its bid proposal. At the conclusion of such negotiations, the Board shall select the winning proposal. In the case of negotiations for an owners license, the Board may, at the conclusion of such negotiations, make the determination allowed under Section 7.3(a).

(8) Upon selection of a winning bid, the Board shall evaluate the winning bid within a reasonable period of time for licensee suitability in accordance with all applicable statutory and regulatory criteria.

(9) If the winning bidder is unable or otherwise fails to consummate the transaction, (including if the Board determines that the winning bidder does not satisfy the suitability requirements), the Board may, on the same criteria, select from the remaining bidders or make the determination allowed under Section 7.3(a).

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

on page 321, line 18, by replacing "(e-10)" with "(e-5)"; and

on page 344, lines 16 and 17, by replacing "a licensed owner" with "such licensee"; and

on page 350, line 2, by replacing "and," with "and"; and

on page 354, line 19, after "2012.", by inserting "Payments received by the host municipality pursuant to this subsection (b-4) may not be shared with any other unit of local government."; and

on page 357, line 11, after "Assembly.", by inserting "Deposits made pursuant to this subsection (b-7) shall supplement, and not supplant, other State funding for these purposes."; and

on page 357, line 16, by replacing "$20,000" with "$100,000".