92nd General Assembly
Summary of HB1069
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House Sponsors:
HOFFMAN-HOLBROOK-STEPHENS.

Senate Sponsors:
WATSON-CLAYBORNE-BOWLES-MOLARO

Short description: 
HORSE RACE-MADISON CNTY PURSES                                             

Synopsis of Bill as introduced:
        Amends the Illinois Horse Racing Act of 1975.  Provides  that  if      
   only  one  breed  of  horse racing is conducted at a racetrack that is      
   located in Madison County in a given year before 2002,  certain  purse      
   moneys  derived from simulcast wagering and inter-track wagering shall      
   be paid only to the purse account of the  breed  that  raced  at  that      
   track  for  that  year.  Provides  that  the  preceding provisions are      
   declarative of existing law.  Provides that if only one breed of horse      
   racing is conducted at a racetrack that is located in  Madison  County      
   in  a  given  year  after  2001,  certain  purse  moneys  derived from      
   simulcast wagering and inter-track wagering shall be paid only to  the      
   purse  account  of  the  breed that raced at that track for that year,      
   provided that the racetrack conducts at least as  many  days  of  live      
   racing as in calendar year 2000.  Provides that any person licensed to      
   conduct  a  race  meeting  of  at  least  60  days of live racing in a      
   calendar year at a racetrack located in Madison County may  be  issued      
   an inter-track wagering license. Effective immediately.                     
        HOUSE AMENDMENT NO. 1.                                                 
        Further amends the Illinois Horse  Racing  Act  of  1975.   Makes      
   changes  concerning the issuance of an inter-track wagering license to      
   a racetrack located in Madison County.                                      
          FISCAL NOTE (Illinois Racing Board)                                  
          Enactment of HB 1069 would likely preserve the existing              
          number of live racing days (161) at Fairmount Park (Madison          
          County). Therefore, with no reduction in live racing at Fair-        
          mount Park, State revenues generated from parimutuel taxes           
          would remain constant.                                               
        SENATE AMENDMENT NO. 1.                                                
        Deletes everything.  Amends the  Illinois  Horse  Racing  Act  of      
   1975.    Provides  for the redistribution of simulcast and inter-track      
   wagering revenues at a racetrack located in Madison County if  such  a      
   racetrack  conducts  only  standardbred  racing  or  only thoroughbred      
   racing in a calendar year. Provides, if no live racing is conducted at      
   a racetrack located in Madison County in 2000  or  2001,  that  moneys      
   derived from simulcast wagering and inter-track wagering by a licensee      
   in  Madison  County  and  paid into that licensee's standardbred purse      
   account shall be paid as follows: (A) eighty percent to the licensee's      
   thoroughbred purse account to be used for thoroughbred purses and  (B)      
   twenty  percent  to  the Illinois Colt Stakes Purse Distribution Fund.      
   Provides that  moneys  so  paid  into  that  Fund  shall  be  used  as      
   determined  by  the  Department  of  Agriculture,  with the advice and      
   assistance of the Illinois Standardbred Breeders Fund Advisory  Board.      
   Provides  that  failure  to make the payment shall result in immediate      
   revocation  of  the  licensee's  organization   license,   inter-track      
   wagering  license, and inter-track wagering location license. Provides      
   that if live standardbred racing is conducted  at  that  racetrack  in      
   calendar  year  2001  before  the  payment  is  made, the organization      
   licensee shall pay all moneys  derived  from  simulcast  wagering  and      
   inter-track  wagering during 2000 and 2001 that (1) are to be used for      
   purses and (2) are generated between 6:30 p.m. and  6:30  a.m.  during      
   2000  or  2001  to  the  standardbred  purse account at that racetrack      
   to  be used for  standardbred  purses.  For  an  organization licensee      
   located  in  Madison County,   imposes  additional  conditions  on the      
   issuance  of  an  inter-track  wagering  license  and  an  inter-track      
   wagering  location  license.   Provides  that  the  provisions  of the      
   amendatory Act are severable. Effective immediately.                        
        SENATE AMENDMENT NO. 2.                                                
        Further amends the Illinois Horse Racing Act of 1975. Makes            
   changes concerning the issuance of an inter-track wagering license          
   and inter-track wagering location licenses to an organization licensee      
   who conducts racing in Madison County.                                      
 
Last action on Bill: PUBLIC ACT.............................. 92-0211

   Last action date: AUG-02-2001

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   2


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