92nd General Assembly
Summary of SB2289
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Short description: 
BUDGET IMPLEMENTATION-FY2003                                               

Synopsis of Bill as introduced:
        Creates the FY2003 Budget Implementation Act.  Provides that  the      
   purpose  of  the Act is to make the changes in State programs that are      
   necessary to implement the Governor's FY2003 budget recommendations.        
        HOUSE AMENDMENT NO. 2.                                                 
          Adds reference to:                                                   
          230 ILCS 10/2.1 new                                                  
          230 ILCS 10/4                   from Ch. 120, par. 2404              
          230 ILCS 10/7                   from Ch. 120, par. 2407              
          230 ILCS 10/11.3 new                                                 
          230 ILCS 10/11.4 new                                                 
          230 ILCS 10/13.2 new                                                 
        Deletes everything.  Creates  the  FY2003  Budget  Implementation      
   (Gaming) Act.  Provides that the purpose of the Act is to make changes      
   in State programs relating to gaming that are necessary to implement        
   the State's FY2003 budget. Amends the Riverboat Gambling Act. Expands       
   the Mississippi River licenses to authorize the location of riverboats      
   in a municipality that (1) borders the Mississippi River or is within       
   5 miles of the city limits of a municipality that borders on the            
   Mississippi River and (2) has a riverboat conducting riverboat              
   gambling operations on the effective date. Changes the definition of        
   "riverboat"  to include permanently moored barges that are permanently      
   fixed together.  Increases the owners license renewal fee from  $5,000      
   per  year  to  $50,000  per  year.   Imposes a 10% supplemental tax on      
   annual adjusted gross receipts in excess  of  $200,000,000.   Provides      
   that  the  proceeds  from  this  tax  shall be paid into the Education      
   Assistance Fund.  Provides that the Board shall reallocate  a  portion      
   of the gaming positions of a licensee that conducts riverboat gambling      
   from  a  home  dock in Rock Island County to certain owners licensees.      
   Authorizes certain  owners  licensees  to  use  the  gaming  positions      
   authorized  by  an  owners  license  under  which  riverboat  gambling      
   operations  are  not  being  conducted  on  the effective date of this      
   amendatory Act.  Provides that an owners  licensee  that  receives  an      
   owners  license  authorizing it to begin conducting riverboat gambling      
   operations on or after the effective date of this amendatory Act  must      
   attain  a  level of at least 20% minority person and female ownership,      
   at least 16% and  4%  respectively.   Provides  that  the  Board  must      
   (rather  than  may) issue 10 owners licenses.  Amends Public Act 91-40      
   to replace  that  Act's  inseverability  clause  with  a  severability      
   clause.  Effective immediately.                                             
          PENSION IMPACT NOTE, H-AM 2                                          
          (Illinois Pension Laws Commission)                                   
          SB 2289, as amended by H-am 2, would not affect the accrued          
          liabilities or annual cost of any Illinois public pension fund       
          or retirement system.                                                
          STATE MANDATES FISCAL NOTE, H-AM 2                                   
          (Department of Commerce and Community Affairs)                       
          In the opinion of DCCA, SB 2289 (HA #2) does not create a State      
          mandate under the State Mandates Act.                                
          FISCAL NOTE, H-AM 2 (Illinois Gaming Board)                          
          Based on actual 2001 adjusted gross receipts and an additional       
          400 gaming positions for each of the licensees of Grand Vic-         
          toria (Elgin), Empress (Joliet), Harrah's (Joliet), and Holly-       
          wood (Aurora), H-AM 2 would generate an additional $141.8            
          million annually.                                                    
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: Senate

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


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