(225 ILCS 105/13) (from Ch. 111, par. 5013)
(Section scheduled to be repealed on January 1, 2027)
Sec. 13. Tickets; tax. The total number of
tickets sold
shall not exceed the total seating capacity of the premises in which
the professional or amateur contest, or a combination of
both, is to be held. No tickets of admission to any professional or amateur
contest, or a combination of
both,
shall be sold except those declared on an
official ticket inventory as described in this Section.
A promoter who conducts a professional contest, an amateur contest, or a combination of both under this
Act shall, within 7 business days after such a contest: (1) furnish to the Department a written or electronic |
Moneys in the General Professions Dedicated Fund shall be used by the Department, subject to appropriation, for expenses incurred in administering this Act. Moneys in the Fund may be transferred to the Professions Indirect Cost Fund, as authorized under Section 2105-300 of the Department of Professional Regulation Law.
In addition to the payment of any other taxes and money due
under this Section, every promoter of a professional or a combination of a professional and amateur contest shall pay to the Department
3% of the first $500,000 and 4% thereafter, which shall not exceed $50,000 in total from the
total gross receipts from the sale, lease, or other exploitation of broadcasting, including, but not limited to,
Internet, cable, television, and motion picture rights for that
professional contest, amateur contest, combination of both, or exhibition without any
deductions for commissions, brokerage fees, distribution fees, advertising, professional contestants' purses, or any other
expenses or charges. These fees shall be paid to the
Department within 7 business days after the conclusion of the broadcast of the contest and placed in the General Professions Dedicated Fund.
(Source: P.A. 102-20, eff. 1-1-22 .)
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