<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 4707   </title>
<shortdesc>RIVERBOATS-COMPETITIVE BIDDING</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Dave Winters</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>230 ILCS 10/5</reference><aliasreference>from Ch. 120, par. 2405</aliasreference><reference>230 ILCS 10/6</reference><aliasreference>from Ch. 120, par. 2406</aliasreference><reference>230 ILCS 10/13</reference><aliasreference>from Ch. 120, par. 2413</aliasreference><SynopsisText>     Amends the Riverboat Gambling Act. Requires a new applicant for an owners license to competitively bid what percentage of adjusted gross receipts it shall pay as a wagering tax, with the new license going to the highest bidder. Requires each licensee to make a quarterly report to the Board indicating profits and losses. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>12/9/2009</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Dave Winters</action>
<statusdate>1/4/2010</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/4/2010</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

