Sen. Terry Link
Filed: 5/14/2009
 
 

 




 

 		












09600SB0744sam004

LRB096 06812 AMC 26809 a






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AMENDMENT TO SENATE BILL 744 




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    AMENDMENT NO. ______. Amend Senate Bill 744, AS AMENDED, 
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with reference to page and line numbers of Senate Amendment No. 
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2, on page 171, by replacing lines 21 through 26 with the 
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following:
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    "If the licensed owner of a riverboat in operation on 
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January 1, 2009 has capital projects of at least $45,000,000 
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that are approved by the Board in calendar year 2006 and 
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thereafter or, starting in 2006 and going forward, for which at 
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least $45,000,000 in capital expenditures have been made during 
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a period of 3 calendar years, then no admissions tax is imposed 
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on admissions to that riverboat for a 3-year period beginning 
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on (i) the January 1 after the approval or the expenditures 
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have been made or (ii) in the case of projects approved or 
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expenditures made before the effective date of this amendatory 
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Act of the 96th General Assembly, January 1, 2010.".