90th General Assembly
Summary of SB1510
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Short description: 
PULL TABS-PRIZE LIMIT-TAX                                                  

Synopsis of Bill as introduced:
        Amends the Illinois Pull Tabs and Jar  Games  Act.    Raises  the      
   aggregate  value of all prizes or merchandise that may be awarded in a      
   single  day  in  certain  counties  from  $2,250  to  $5,000.  Removes      
   provision requiring licensed organizations  to  pay  the  tax  imposed      
   under the Act. Provides that a licensed supplier shall pay a tax equal      
   to 5% of the face value of any pull tabs and jar games tickets sold by      
   the supplier to a licensed organization. Effective immediately.             
        SENATE AMENDMENT NO. 1.                                                
          Deletes reference to:                                                
          230 ILCS 20/5                                                        
        Further amends the Illinois Pull Tabs and Jar Games Act.  Deletes      
   provisions concerning taxes.                                                
          FISCAL NOTE (Dpt. of Revenue)                                        
          SB 1510 may increase state revenues by an indeterminable amount      
          because the increased prize winnings may encourage additional        
          players, as well as generate additional tax receipts in any          
          single day of play.                                                  
          BALANCED BUDGET NOTE                                                 
          Does not authorize, increase, decrease, or reallocate any GRF        
          appropriation for FY1998.                                            
          STATE MANDATES ACT FISCAL NOTE                                       
          SB 1510 fails to create a State mandate.                             
          HOME RULE NOTE                                                       
          Does not contain any language preempting home rule authority.        
Last action on Bill: PUBLIC ACT.............................. 90-0808

   Last action date: 98-12-04

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   1


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