Bob Rita
- Democratic
- Representative
- District 28
Primary
Amends the Illinois Gambling Act. Provides that each licensee shall make a reconciliation payment 3 years after the date the licensee begins operating in an amount equal to 75% of the adjusted gross receipts for the most lucrative consecutive 12-month period of operations, minus an amount equal to (i) the initial payment per gaming position paid by the specific licensee and (ii) the $15,000,000 reconciliation fee.
No votes to display
Added Chief Co-Sponsor Rep. Dave Vella
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Robert "Bob" Rita
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| Introduced | HTML PDF |
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