SB3022 amends the Illinois Gambling Act to adjust wagering tax rates and distributions for riverboat and casino gambling operations.
SB3022 amends the Illinois Gambling Act to modify wagering tax rates and distributions for riverboat and casino gambling operations. It sets specific tax rates based on annual adjusted gross receipts and allocates portions of the tax revenue to various funds and local governments for different purposes, including education, criminal justice, and capital projects. The bill also includes provisions for tax credits, adjustments for relocation, and specific allocations for certain communities and purposes.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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