Sen. Mike Jacobs
Filed: 4/29/2009
 
 

 




 

 		












09600HB0261sam002

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 
 


 






09600HB0261sam002
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LRB096 00228 AMC 25907 a




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designated as the home dock of the riverboat upon which
those 
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riverboat gambling operations are conducted.".