SB1410 - 104th General Assembly
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| 1 | AN ACT concerning gaming. | |||||||||||||||||||
| 2 | Be it enacted by the People of the State of Illinois, | |||||||||||||||||||
| 3 | represented in the General Assembly: | |||||||||||||||||||
| 4 | Section 5. The Illinois Gambling Act is amended by adding | |||||||||||||||||||
| 5 | Section 13.3 as follows: | |||||||||||||||||||
| 6 | (230 ILCS 10/13.3 new) | |||||||||||||||||||
| 7 | Sec. 13.3. Authorized payments. | |||||||||||||||||||
| 8 | (a) As used in this Section, "authorized payments" means | |||||||||||||||||||
| 9 | the share of gaming tax revenues shared by Des Plaines to the | |||||||||||||||||||
| 10 | holder of the tenth casino license, in statute or by other | |||||||||||||||||||
| 11 | agreement, in order to induce the holder of the tenth casino | |||||||||||||||||||
| 12 | license to establish and operate a gaming facility in Des | |||||||||||||||||||
| 13 | Plaines. | |||||||||||||||||||
| 14 | (b) During the period where authorized payments are | |||||||||||||||||||
| 15 | required, in statute or by other agreement, Des Plaines | |||||||||||||||||||
| 16 | commits to share 40% of the gaming tax revenue that remains | |||||||||||||||||||
| 17 | after the authorized payment, less the amounts received by the | |||||||||||||||||||
| 18 | named municipalities from the proceeds generated by the owners | |||||||||||||||||||
| 19 | licensee under paragraph (5) of subsection (e-5) of Section 7, | |||||||||||||||||||
| 20 | with the following municipalities: Chicago Heights; Dixmoor; | |||||||||||||||||||
| 21 | Ford Heights; Harvey; Hodgkins; Markham; Phoenix; Riverdale; | |||||||||||||||||||
| 22 | Robbins; and Summit. | |||||||||||||||||||
| 23 | The amount received by each named municipality shall be | |||||||||||||||||||
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| 1 | allocated proportionally to the population of each | ||||||
| 2 | municipality and reduced by the amount received by that | ||||||
| 3 | municipality from the proceeds generated by the owners | ||||||
| 4 | licensee under paragraph (5) of subsection (e-5) of Section 7. | ||||||
