Full Text of HB0057 94th General Assembly
HB0057 94TH GENERAL ASSEMBLY
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94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006 HB0057
Introduced 1/6/2005, by Rep. Lou Lang SYNOPSIS AS INTRODUCED: |
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230 ILCS 25/3 |
from Ch. 120, par. 1103 |
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Amends the Bingo License and Tax Act. Eliminates the tax on bingo games
imposed pursuant to the Act. Effective July 1, 2005.
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A BILL FOR
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HB0057 |
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LRB094 02590 LRD 32591 b |
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| AN ACT in relation to bingo games.
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| Be it enacted by the People of the State of Illinois, | 3 |
| represented in the General Assembly:
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| Section 5. The Bingo License and Tax Act is amended by | 5 |
| changing Section 3 as
follows:
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| (230 ILCS 25/3) (from Ch. 120, par. 1103)
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| Sec. 3. Report. There shall be delivered
paid to the | 8 |
| Department
of Revenue, 5% of the gross
proceeds of any game of | 9 |
| bingo conducted under the provision of this Act.
Such payments | 10 |
| shall be made 4 times per year, between the first and the
20th | 11 |
| day of April, July, October , and January . Payment must be by | 12 |
| money
order or certified check. Accompanying each payment shall | 13 |
| be a report,
on forms provided by the Department of Revenue, | 14 |
| listing the number of games
conducted, the gross income derived | 15 |
| and such other information as the
Department of Revenue may | 16 |
| require. Failure to submit either the payment or
the report | 17 |
| within the specified time may result in suspension or | 18 |
| revocation
of the license.
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| The provisions of Section 2a of the Retailers' Occupation | 20 |
| Tax Act
pertaining
to the furnishing of a bond or other | 21 |
| security are incorporated by reference
into this Act and are | 22 |
| applicable to licensees under this Act as a precondition
of | 23 |
| obtaining a license under this Act. The Department shall | 24 |
| establish by
rule the standards and criteria it will use in | 25 |
| determining whether to require
the furnishing of a bond or | 26 |
| other security, the amount of such bond or other
security, | 27 |
| whether to require the furnishing of an additional bond or | 28 |
| other
security by a licensee, and the amount of such additional | 29 |
| bond or other
security. Such standards and criteria may include | 30 |
| payment history, general
financial condition or other factors | 31 |
| which may pose risks to insuring the
payment to the Department | 32 |
| of Revenue, of applicable taxes. Such rulemaking
is subject to |
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HB0057 |
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LRB094 02590 LRD 32591 b |
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| the provisions of the Illinois Administrative Procedure Act.
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| The provisions of Sections 4, 5, 5a, 5b, 5c, 5d, 5e, 5f, 5g, | 3 |
| 5i, 5j,
6, 6a, 6b, 6c, 8, 9, 10, 11 and 12 of the Retailers' | 4 |
| Occupation
Tax Act which are not inconsistent with this Act, | 5 |
| and Section 3-7 of the
Uniform Penalty and Interest Act shall | 6 |
| apply, as far as
practicable, to the subject matter of this Act | 7 |
| to the same extent as if
such provisions were included in this | 8 |
| Act. Tax returns filed pursuant to
this Act shall not be | 9 |
| confidential and shall be available for public
inspection. For | 10 |
| the purposes of this Act, references in such incorporated
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| Sections of the Retailers' Occupation Tax Act to retailers, | 12 |
| sellers or
persons engaged in the business of selling tangible | 13 |
| personal property means
persons engaged in conducting bingo | 14 |
| games, and references in such
incorporated Sections of the | 15 |
| Retailers' Occupation Tax Act to sales of
tangible personal | 16 |
| property mean the conducting of bingo games and the
making of | 17 |
| charges for playing such games.
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| One-half of all of the sums collected under this Section | 19 |
| shall be deposited
into the Mental Health Fund and 1/2 of all | 20 |
| of the sums collected under this
Section shall be deposited in | 21 |
| the Common School Fund.
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| (Source: P.A. 87-205; 87-895 .)
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| Section 99. Effective date. This Act takes effect July 1, | 24 |
| 2005.
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