Full Text of SB0737 96th General Assembly
SB0737sam003 96TH GENERAL ASSEMBLY | Sen. Terry Link Filed: 12/1/2010
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| 1 | | AMENDMENT TO SENATE BILL 737
| 2 | | AMENDMENT NO. ______. Amend Senate Bill 737, AS AMENDED, | 3 | | with reference to page and line numbers of Senate Amendment No. | 4 | | 1 as follows:
| 5 | | on page 27, line 16, after "bonds.", by inserting "This | 6 | | prohibition shall also apply to a company or firm that employs | 7 | | a person holding an elective office in this State, holding a | 8 | | seat in the General Assembly, or serving as a board member, | 9 | | trustee, officer, or employee of the Authority, including the | 10 | | spouse of that person, if the person or his or her spouse has | 11 | | greater than 7.5% ownership of the company or firm."; and | 12 | | on page 211, line 7, after " paid ", by inserting " as follows: | 13 | | 0.33 1/3% "; and | 14 | | on page 215, line 18, by replacing " Horse " with " Illinois | 15 | | Horse "; and |
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| 1 | | on page 215, line 18, after " 1975 ", by inserting " is | 2 | | authorized "; and | 3 | | on page 218, line 13, by deleting " land-based "; and | 4 | | on page 253, line 2, by replacing " Additionally, the " with | 5 | | " The "; and | 6 | | on page 253, line 13, by deleting " from a home dock "; and | 7 | | on page 254, lines 15 through 16, by replacing " amount for | 8 | | which privilege tax was paid under subsection (a-5) of Section | 9 | | 13 of this Act " with " adjusted gross receipts "; and | 10 | | on page 255, line 10, after " Act ", by inserting " and issued | 11 | | prior to the effective date of this amendatory Act of the 96th | 12 | | General Assembly "; and | 13 | | on page 255, lines 14 through 16, by replacing " amount for | 14 | | which privilege tax was paid under subsection (a-5) of Section | 15 | | 13 of this Act " with " adjusted gross receipts "; and | 16 | | on page 256, lines 11 through 12 and lines 16 through 17, by | 17 | | replacing " of a license issued pursuant to Section 7.1 of this | 18 | | Act " each time it appears with " subject to this subsection |
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| 1 | | (e) "; and | 2 | | on page 257, by replacing lines 18 through 21 with " 2,000 for | 3 | | any such owners license . The initial fee for each gaming | 4 | | position obtained on or after the effective date of this | 5 | | amendatory Act of the 96th General Assembly shall be $12,500 | 6 | | for licensees not located in Cook County and $25,000 for | 7 | | licensees located in Cook County, in addition to the | 8 | | reconciliation payment, as set forth in (e-12), (e-16), or | 9 | | (h-5). A licensee may operate"; and | 10 | | on page 257, lines 25 through 26, by deleting " The initial fee | 11 | | for each gaming position obtained on or after January 1, 2013 | 12 | | shall be $12,500 for "; and | 13 | | on page 258, lines 1 through 2, by deleting " licensees not | 14 | | located in Cook County and $25,000 for licensees located in | 15 | | Cook County "; and | 16 | | on page 258, line 2, by replacing " 1,200 ." with " 1,200. "; and | 17 | | on page 258, lines 8 through 9, by replacing " that are in | 18 | | addition to the initial positions that were purchased " with " on | 19 | | or after the effective date of this amendatory Act of the 96th | 20 | | General Assembly "; and |
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| 1 | | on page 258, line 13, after " (h). ", by inserting " These initial | 2 | | fees shall be deposited into the Gaming Facilities Fee Revenue | 3 | | Fund. "; and | 4 | | on page 258, line 20, by replacing " (i) the average " with " (i) | 5 | | the "; and | 6 | | on page 258, line 22, by deleting " for each gaming position "; | 7 | | and | 8 | | on page 258, line 22, by deleting " average "; and | 9 | | on page 258, line 23, by deleting " each gaming position in "; | 10 | | and | 11 | | on page 258, line 25, by replacing " multiplied " with " divided "; | 12 | | and | 13 | | on page 259, by replacing lines 7 and 8 with " determined by the | 14 | | Board. These reconciliation payments shall be deposited into | 15 | | the Capital Projects Fund. "; and | 16 | | on page 259, line 9, by replacing " obtained " with " purchased "; | 17 | | and | 18 | | on page 259, by replacing line 10 with " owner as of January 1, |
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| 1 | | 2016 shall be forfeited and retained by the Board and shall be | 2 | | offered in "; and | 3 | | on page 266, line 15, by replacing " (h) " with " (i) "; and | 4 | | on page 267, line 8, immediately after " Fund ", by inserting " , | 5 | | except for the reconciliation payments that are governed by | 6 | | subsection (i) of this Section "; and | 7 | | on page 268, line 22, after " remodeling ", by inserting " or | 8 | | relocation "; and | 9 | | on page 282, by replacing line 20 with " authorized under this | 10 | | Section is , subject to the"; and | 11 | | on page 291, line 13, by replacing " or " with " on "; and | 12 | | on page 292, line 1, by replacing " the $1 " with " $1 "; and | 13 | | on page 292, immediately below line 4, by inserting the | 14 | | following: | 15 | | " From the tax imposed under this subsection (c-5) on an | 16 | | electronic gaming facility that is located in an unincorporated | 17 | | area of Cook County and has been awarded
standardbred racing | 18 | | dates during 2010 by the Illinois Racing Board, $1 for each | 19 | | person who enters the electronic gaming facility shall be |
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| 1 | | distributed as follows, subject to appropriation: $0.50 to the | 2 | | Village of Melrose Park and $0.50 to Cook County. "; and | 3 | | on page 297, by deleting line 26; and | 4 | | on page 298, by deleting lines 1 through 8; and | 5 | | on page 298, by replacing lines 9 through 16 with the | 6 | | following: | 7 | | " From the effective date of this amendatory Act of the 96th | 8 | | General Assembly until June 30, 2015, an owners licensee that | 9 | | (i) is located within 15 miles of the Missouri border and (ii) | 10 | | has at least 3 riverboats, casinos, or their equivalent within | 11 | | a 45-mile radius, may be authorized to relocate to a new | 12 | | location with the approval of the unit of local government that | 13 | | was designated as the home dock of the riverboat on January 1, | 14 | | 2010 and with Board approval and shall receive a | 15 | | dollar-for-dollar credit by the Board for any renovation or | 16 | | construction costs paid by the owners licensee, but in no event | 17 | | shall the credit exceed $2,000,000. "; and | 18 | | on page 300, by replacing lines 5 through 8 with the following: | 19 | | " (a-7) From January 1, 2013 until January 1, 2016, if the | 20 | | total obligation imposed pursuant to either subsection (a-5) or | 21 | | (a-6) will result in an owners licensee receiving less | 22 | | after-tax adjusted gross receipts than it received in calendar |
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| 1 | | year 2012, then the "; and | 2 | | on page 304, line 9, by deleting " or the City of Collinsville "; | 3 | | and | 4 | | on page 304, by replacing lines 13 through 19 with the | 5 | | following: | 6 | | " facility is located, except as otherwise provided in this | 7 | | Section. From the tax revenue deposited in the State Gaming | 8 | | Fund under this Section, an amount equal to 3% of adjusted | 9 | | gross receipts generated by each electronic gaming facility | 10 | | that is located in an unincorporated area of Cook County and | 11 | | has been awarded standardbred racing dates during 2010 by the | 12 | | Illinois Racing Board shall be paid monthly, subject to | 13 | | appropriation by the General Assembly, as follows: 50% to the | 14 | | Village of Melrose Park and 50% to Cook County. From the tax "; | 15 | | and | 16 | | on page 304, line 22, by replacing " each " with " an "; and | 17 | | on page 304, immediately below line 26, by inserting the | 18 | | following: | 19 | | " From the tax revenue deposited in the State Gaming Fund | 20 | | under this Section, an amount equal to 3% of adjusted gross | 21 | | receipts generated by an electronic gaming facility located in | 22 | | the City of Collinsville shall be paid monthly, subject to |
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| 1 | | appropriation by the General Assembly, as follows: 45% to the | 2 | | City of Alton, 45% to the City of East St. Louis, and 10% to the | 3 | | City of Collinsville. "; and | 4 | | on page 305, by replacing lines 4 through 8 with " (i) 1% of | 5 | | adjusted "; and | 6 | | on page 305, line 12, by replacing " (iii) " with " (ii) ".
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