Illinois General Assembly - Bill Status for SB2070
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 Bill Status of SB2070  102nd General Assembly


Short Description:  GAMING BOARD-VARIOUS

Senate Sponsors
Sen. Cristina Castro

Last Action
DateChamber Action
  4/16/2021SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
230 ILCS 10/13from Ch. 120, par. 2413
230 ILCS 45/25-15
230 ILCS 45/25-90


Synopsis As Introduced
Amends the Illinois Gambling Act. In provisions concerning an owner licensee's calculation of adjusted gross receipts, provides for monthly and annual reconciliation calculations between promotional costs and total adjusted gross receipts. Amends the Sports Wagering Act. Provides that occupational licenses issued under the Illinois Gambling Act for employees of an owners licensee or organization gaming licensee, once granted, are considered equivalent licenses to work in sports wagering positions located at the same gaming facility. Provides that adjusted gross sports wagering receipts shall not include the dollar amount of certain promotions redeemed by wagerers. Provides for monthly and annual reconciliation calculations between promotional costs and total adjusted gross sports wagering receipts. Requires the Illinois Gaming Board to submit to the General Assembly no later than March 31, 2025 a comprehensive report that includes the effect of removing promotional costs from the calculation for adjusted gross sports wagering receipts and the tax rates imposed on sports wagering.

Actions 
DateChamber Action
  2/26/2021SenateFiled with Secretary by Sen. Cristina Castro
  2/26/2021SenateFirst Reading
  2/26/2021SenateReferred to Assignments
  3/16/2021SenateAssigned to Executive
  3/24/2021SenateTo Executive- Gaming
  4/16/2021SenateRule 3-9(a) / Re-referred to Assignments

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