VIDEO GAMING-DISCLOSURE Senate SponsorsSen. Antonio Muņoz-Don Harmon House Sponsors(Rep. Arthur Turner) 1/13/2015SenateSession Sine Die 230 ILCS 40/1Amends the Video Gaming Act. Makes a technical change in a Section concerning the short title.Senate Floor Amendment No. 1 Deletes reference to:230 ILCS 40/1Adds reference to:230 ILCS 40/45Replaces everything after the enacting clause. Amends the Video Gaming Act. Makes changes to certain provisions concerning background investigations and disclosure requirements for persons or entities that hold a financial interest in a person seeking licensure under the Act. Provides that the Gaming Board has the discretion to determine whether to conduct the background investigation of a person or entity that holds an indirect interest in a person seeking licensure under the Act if the person or entity holds such interest for investment purposes only, does not exercise control over the activities of the person seeking and possessing a license, and is a limited partner in a partnership whose general partner is controlled by an investment adviser registered under the federal Investment Advisers Act of 1940. Further provides that the Board has the discretion to determine whether to apply the disclosure requirement as it relates to the beneficiaries of a trust, the stockholders and directors of a corporation, the members of a limited liability company, or the partners in a partnership if the entity holds an indirect interest for investment purposes only, does not exercise any control over the activities of the person seeking and possessing a license, and is a limited partner in a partnership whose general partner is controlled by an investment adviser registered under the federal Investment Advisers Act. Effective immediately. 1/24/2013SenateFiled with Secretary by Sen. John J. Cullerton 1/24/2013SenateFirst Reading 1/24/2013SenateReferred to Assignments 2/27/2013SenateAssigned to Executive 3/6/2013SenateDo Pass Executive; 009-005-000 3/6/2013SenatePlaced on Calendar Order of 2nd Reading March 7, 2013 3/14/2013SenateAdded as Chief Co-Sponsor Sen. Don Harmon 4/12/2013SenateSecond Reading 4/12/2013SenatePlaced on Calendar Order of 3rd Reading April 16, 2013 4/29/2013SenateRule 2-10 Third Reading Deadline Established As May 3, 2013 4/30/2013SenateRe-referred to Assignments 5/2/2013SenateRule 2-10 Third Reading Deadline Established As May 31, 2013 5/7/2014SenateApproved for Consideration Assignments 5/7/2014SenatePlaced on Calendar Order of 3rd Reading May 8, 2014 5/7/2014SenateChief Sponsor Changed to Sen. Antonio Muņoz 5/7/2014SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Antonio Muņoz 5/7/2014SenateSenate Floor Amendment No. 1 Referred to Assignments 5/7/2014SenateSenate Floor Amendment No. 1 Assignments Refers to Executive 5/7/2014SenateRule 2-10 Third Reading Deadline Established As May 8, 2014 5/8/2014SenateSenate Floor Amendment No. 1 Recommend Do Adopt Executive; 013-000-000 5/8/2014SenateRecalled to Second Reading 5/8/2014SenateSenate Floor Amendment No. 1 Adopted; Muņoz 5/8/2014SenatePlaced on Calendar Order of 3rd Reading 5/8/2014SenateThird Reading - Passed; 045-004-000 5/8/2014HouseArrived in House 5/8/2014HouseChief House Sponsor Rep. Arthur Turner 5/8/2014HouseFirst Reading 5/8/2014HouseReferred to Rules Committee 5/12/2014HouseAssigned to Executive Committee 5/16/2014HouseCommittee Deadline Extended-Rule 9(b) May 23, 2014 5/23/2014HouseFinal Action Deadline Extended-9(b) May 30, 2014 5/30/2014HouseRule 19(a) / Re-referred to Rules Committee 1/13/2015SenateSession Sine Die