Bill Status of SB0480 98th General Assembly
Short Description: HORSE RACING-PURSES
Sen. Bill Cunningham
| 4/16/2021||Senate||Rule 3-9(a) / Re-referred to Assignments|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Horse Racing Act of 1975. Provides that the amount an organization licensee racing standardbred horses places in a purse account from gaming pursuant to an organization gaming license shall be held in reserve by the organization gaming licensee to be expended at the direction of the Illinois Standardbred Breeders Fund Advisory Board (rather than paid to the Illinois Standardbred Breeders Fund) and shall solely be used as authorized.