GAMBLING-OWNERS LICENSES
Sponsored By: Robert "Bob" Rita (Democratic)
In Committee
Summary
Amends the Illinois Gambling Act. Provides that each licensee shall make a reconciliation payment 3 years after the date the licensee begins operating in an amount equal to 75% of the adjusted gross receipts for the most lucrative consecutive 12-month period of operations, minus an amount equal to (i) the initial payment per gaming position paid by the specific licensee and (ii) the $15,000,000 reconciliation fee.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Robert "Bob" Rita
Democratic • House
Cosponsors
Dave Vella
Democratic • House
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Rule 19(a) / Re-referred to Rules Committee
3/27/2026HouseAssigned to Gaming Committee
3/12/2026HouseAdded Chief Co-Sponsor Rep. Dave Vella
12/4/2025HouseReferred to Rules Committee
10/28/2025HouseFirst Reading
10/28/2025HouseFiled with the Clerk by Rep. Robert "Bob" Rita
10/23/2025House
Bill Text
Introduced
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