Bill Title: Amends the Illinois Lottery Law. Requires the Department of the Lottery to deposit any estimated remaining proceeds from the prior fiscal year (rather than any remaining proceeds) after certain payments and transfers are made, into the Capital Projects Fund, on or before September 30 of each fiscal year (rather than on the last day of each fiscal year). Provides that, beginning in fiscal year 2019, the amount deposited shall be increased or decreased each year by the amount the estimated payment differs from the amount determined from each year-end financial audit. Provides that only remaining net deficits from prior fiscal years may reduce the requirement to deposit the funds, as determined by the annual financial audit. Effective immediately.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Passed) 2019-01-18 - Public Act . . . . . . . . . 100-1179 [SB3531 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Chaptered	2019-01-22	HTML/Text	Link	View
Enrolled	2019-01-09	HTML/Text	Link	View
Engrossed	2018-04-24	HTML/Text	Link	View
Introduced	2018-02-16	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
House Amendment 003	2019-01-07	Proposed	HTML/Text	Link	View
House Amendment 001	2018-05-30	Proposed	HTML/Text	Link	View
House Amendment 002	2018-05-30	Proposed	HTML/Text	Link	View

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB3531 currently on file.

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