Illinois General Assembly - Full Text of HB2035
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Full Text of HB2035  95th General Assembly

HB2035sam003 95TH GENERAL ASSEMBLY

Sen. John M. Sullivan

Filed: 8/9/2007

 

 


 

 


 
09500HB2035sam003 LRB095 08248 AMC 38591 a

1
AMENDMENT TO HOUSE BILL 2035

2     AMENDMENT NO. ______. Amend House Bill 2035, AS AMENDED,
3 with reference to page and line numbers of Senate Amendment No.
4 1, on page 136, by replacing lines 14 through 22 with the
5 following:
6     "(i) A sum equal to 12 1/2% of the first prize money of the
7 gross every purse won by an Illinois conceived and foaled horse
8 shall be paid by the organization licensee conducting the horse
9 race meeting to the breeder of such winning horse from the
10 organization licensee's account share of the money wagered.
11 Such payment shall not reduce any award to the owner of the
12 horse or reduce the taxes payable under this Act. Such payment
13 shall be delivered by the organization licensee at the end of
14 each month race meeting.".