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<xml>
<title>Illinois General Assembly - Bill Status for HB 2525   </title>
<shortdesc>RIVERBOATS-PRIV/ADMISSION TAX</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Patrick J. Verschoore-Lou Lang</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>230 ILCS 10/12</reference><aliasreference>from Ch. 120, par. 2412</aliasreference><reference>230 ILCS 10/13</reference><aliasreference>from Ch. 120, par. 2413</aliasreference><SynopsisText>     Amends the Riverboat Gambling Act. For a riverboat with annual adjusted gross receipts of less than $50,000,000, (i) eliminates the admissions tax and (ii) imposes an additional 1% privilege tax, the proceeds of which shall be paid monthly to the unit of local government that is designated as the home dock of the riverboat upon which those riverboat gambling operations are conducted. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/19/2009</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Patrick J. Verschoore</action>
<statusdate>2/19/2009</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Lou Lang</action>
<statusdate>2/20/2009</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/20/2009</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/25/2009</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>3/13/2009</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

