SB 516

Abstract

Amends the Illinois Horse Racing Act of 1975. Makes a technical change in a Section concerning the short title. Senate Floor Amendment No. 1 Deletes reference to: 230 ILCS 5/1 Adds reference to: 230 ILCS 10/2 from Ch. 120, par. 2402 230 ILCS 10/3 from Ch. 120, par. 2403 230 ILCS 10/4 from Ch. 120, par. 2404 230 ILCS 10/5 from Ch. 120, par. 2405 230 ILCS 10/5.1 from Ch. 120, par. 2405.1 230 ILCS 10/6 from Ch. 120, par. 2406 230 ILCS 10/7 from Ch. 120, par. 2407 230 ILCS 10/7.3 230 ILCS 10/8 from Ch. 120, par. 2408 230 ILCS 10/9 from Ch. 120, par. 2409 230 ILCS 10/11 from Ch. 120, par. 2411 230 ILCS 10/11.1 from Ch. 120, par. 2411.1 230 ILCS 10/12 from Ch. 120, par. 2412 230 ILCS 10/13 from Ch. 120, par. 2413 230 ILCS 10/18 from Ch. 120, par. 2418 230 ILCS 10/18.1 230 ILCS 10/19 from Ch. 120, par. 2419 230 ILCS 10/20 from Ch. 120, par. 2420 Replaces everything after the enacting clause. Amends the Riverboat Gambling Act. Authorizes gambling to be conducted at land-based casinos. Makes conforming changes throughout the Act. Provides that an application for an owners license shall include an additional fee of $100,000 to the Illinois Gaming Board. Provides that the fee for renewal of an owners license is $100,000. Provides procedures for a riverboat to relocate to a new location. Removes provisions that describe the geographical locations certain riverboats shall be docked. Makes other changes. Effective immediately. House Committee Amendment No. 2 Deletes reference to: 230 ILCS 10/2 from Ch. 120, par. 2402 230 ILCS 10/3 from Ch. 120, par. 2403 230 ILCS 10/4 from Ch. 120, par. 2404 230 ILCS 10/5 from Ch. 120, par. 2405 230 ILCS 10/5.1 from Ch. 120, par. 2405.1 230 ILCS 10/6 from Ch. 120, par. 2406 230 ILCS 10/7 from Ch. 120, par. 2407 230 ILCS 10/7.3 230 ILCS 10/8 from Ch. 120, par. 2408 230 ILCS 10/9 from Ch. 120, par. 2409 230 ILCS 10/11 from Ch. 120, par. 2411 230 ILCS 10/11.1 from Ch. 120, par. 2411.1 230 ILCS 10/12 from Ch. 120, par. 2412 230 ILCS 10/13 from Ch. 120, par. 2413 230 ILCS 10/18 from Ch. 120, par. 2418 230 ILCS 10/18.1 230 ILCS 10/19 from Ch. 120, par. 2419 230 ILCS 10/20 from Ch. 120, par. 2420 Adds reference to: 230 ILCS 10/1 from Ch. 120, par. 2401 Replaces everything after the enacting clause. Amends the Riverboat Gambling Act. Makes a technical change in a Section concerning the short title. State Debt Impact Note, House Floor Amendment No. 3 (Government Forecasting & Accountability) SB 516, as amended by House Amendment 3, would not change the amount of authorization for any type of State-issued or State-supported bond, and, therefore, would not affect the level of State indebtedness. State Debt Impact Note, House Floor Amendment No. 4 (Government Forecasting & Accountability) SB 516, as amended by House Amendment 4, would not change the amount of authorization for any type of State-issued or State-supported bond, and, therefore, would not affect the level of State indebtedness. Balanced Budget Note, House Floor Amendment No. 3 (Office of Management and Budget) Please be advised that the Balanced Budget Note Act does not apply to Senate Bill 516, House Amendment 3 as it is not a supplemental appropriation that increases or decreases appropriations. Under the Act, a balanced budget note must be prepared only for bills that change a general funds appropriation for the fiscal year in which the new bill is enacted. Balanced Budget Note, House Floor Amendment No. 4 (Office of Management and Budget) Please be advised that the Balanced Budget Note Act does not apply to Senate Bill 516, House Amendment 4 as it is not a supplemental appropriation that increases or decreases appropriations. Under the Act, a balanced budget note must be prepared only for bills that change a general funds appropriation for the fiscal year in which the new bill is enacted. Judicial Note, House Floor Amendment No. 3 (Admin Office of the Illinois Courts) The proposed legislation would neither increase nor decrease the number of judges needed in the state of Illinois. Judicial Note, House Floor Amendment No. 4 (Admin Office of the Illinois Courts) The proposed legislation would neither increase nor decrease the number of judges needed in the state of Illinois. Pension Note, House Floor Amendment No. 3 (Government Forecasting & Accountability) SB 516, as amended by HA 3, will not impact any public pension fund or retirement system in Illinois. Pension Note, House Floor Amendment No. 4 (Government Forecasting & Accountability) SB 516, as amended by HA 4, will not impact any public pension fund or retirement system in Illinois. Fiscal Note, House Floor Amendment No. 3 (Illinois Gaming Board) In future fiscal years,SB (H-AM 3) will increase the Board's fiscal requirements with respect to the Chicago casino by an undetermined amount. Fiscal Note, House Floor Amendment No. 4 (Illinois Gaming Board) In future fiscal years,SB (H-AM 4) will increase the Board's fiscal requirements with respect to the Chicago casino by an undetermined amount. House Floor Amendment No. 5 Deletes reference to: 230 ILCS 10/1 Adds reference to: 230 ILCS 10/7 from Ch. 120, par. 2407 230 ILCS 10/7.7 230 ILCS 10/13 from Ch. 120, par. 2413 230 ILCS 50/30-5 230 ILCS 50/30-10 230 ILCS 50/30-15 Replaces everything after the enacting clause. Amends the Illinois Gambling Act. Requires an applicant for a casino license in the City of Chicago to make a public presentation of its proposal and to publish a summary of the proposal on the City of Chicago's or Cook County's website. Provides that if the Gaming Board does not issue certain riverboat and casino licenses within the time period specified under current law, then the Gaming Board shall reopen the license application process for those licenses that have not been issued. Makes changes to the reconciliation payments required by casinos and organization gaming licensees. Changes the privilege tax imposed on adjusted gross receipts from a casino in the City of Chicago and provides specified rates that shall be paid to the State and the City of Chicago (rather than one-third of adjusted gross receipts to the City of Chicago). Makes changes to the division of tax revenue generated from the casino in the City of Chicago. Provides that 0.5% (rather than 2%) of adjusted gross receipts generated by a casino in the City of Chicago shall be paid to Cook County for the purpose of enhancing Cook County's criminal justice system. Provides that a change in rates of the privilege tax imposed on specified casinos begins on July 1, 2020 (rather than the first day the casino conducts gambling operations). Amends the State Fair Gaming Act. Provides that the Illinois Gaming Board shall issue a licensed establishment license to the Department of Agriculture to operate video gaming at the Illinois State Fairgrounds and the DuQuoin State Fairgrounds (rather than issuing the license to a concessioner). Makes other changes. Effective immediately. Fiscal Note, House Floor Amendment No. 5 () SB 516 HA #5 makes multiple changes to the Illinois Gambling Act and State Fair Gaming Act. The Illinois Gaming Board (“IGB”) is a regulatory and civil law enforcement agency. It is not a forecasting agency and does not have the capability and resources to provide a fiscal analysis of HA #5 within the required 5 day period. The changes HA #5 makes to the Chicago casino tax structure are new and, accordingly, have not been reviewed and analyzed by the IGB. Other significant changes contained in the bill, such as the extension of the reconciliation payment to 6 years and the removal of interest on those payments, will reduce state revenues by an unknown amount that the IGB cannot estimate. Further, the acceleration of the reduced tax rate for current casinos will decrease state revenues by a similarly unknown amount. This provision will also impose substantial administrative and operational burdens on the IGB if the tax rate change goes into effect in an accelerated manner as proposed in HA #5, thereby delaying the IGB’s ability to implement this rate change and other gaming expansion items. House Floor Amendment No. 6 In provisions amending the Illinois Gambling Act, provides that if at any point after June 1, 2020 there are no pending applications for an owners license for a newly authorized casino and not all owners licenses for newly authorized casinos have been issued (rather than if the Illinois Gaming Board does not issue all owners licenses for newly authorized casinos within the specified time period), then the Board shall reopen the license application process for owners licenses for newly authorized casinos that have not been issued. Provides that the Board shall follow the licensing process provided in the provisions with all time frames tied to the last date of a final order issued by the Board (instead of all time frames tied to the last date for issuing a license) rather than a specified date. Makes changes to the privilege tax rates for tables games to begin on the first date that a newly authorized casino conducts gambling operations. House Floor Amendment No. 7 Adds reference to: 230 ILCS 45/25-30 In provisions amending the Illinois Gambling Act, provides that fees for gaming positions for riverboats and casinos shall be paid by July 1, 2021 (rather than July 1, 2020). Amends the Sports Wagering Act. Provides that the license fee for an initial master sports wagering license issued to an organization licensee under the Illinois Horse Racing Act of 1975 shall be paid by July 1, 2021 (rather than July 1, 2020). House Floor Amendment No. 9 Adds reference to: 230 ILCS 45/25-35 In provisions amending the Sports Wagering Act, provides that the license fee for an initial master sports wagering license issued to an owners licensee under the Illinois Gambling Act shall be paid by July 1, 2021 (rather than July 1, 2020).