SB 2628

  • Illinois Senate Bill
  • 93rd Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Inc Tax-Out-Of-State Gamblers

Abstract

Amends the Illinois Income Tax Act. Provides that payments made after December 31, 2004 of winnings from gambling games conducted on a riverboat licensed under the Riverboat Gambling Act are allocable to this State. Requires payors to withhold such winnings if they are $5,000 or more. On January 1, 2005 changes from $1,000 to $5,000 the threshold above which withholding is required for lottery winnings. Effective immediately.

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Jan 11, 2005

Senate

Session Sine Die

Feb 04, 2004

Senate

Filed with Secretary by Sen. Kathleen L. Wojcik

Senate

First Reading

Senate

Referred to Rules

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