SB1410 amends the Illinois Gambling Act to require Des Plaines to share 40% of gaming tax revenue with specific municipalities.
SB1410 amends the Illinois Gambling Act by adding a new section that defines "authorized payments" as the share of gaming tax revenues shared by Des Plaines to the holder of the tenth casino license. During the period where authorized payments are required, Des Plaines commits to sharing 40% of the gaming tax revenue that remains after the authorized payment with ten named municipalities: Chicago Heights; Dixmoor; Ford Heights; Harvey; Hodgkins; Markham; Phoenix; Riverdale; Robbins; and Summit.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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