Bill Text: IL HB5866 | 2011-2012 | 97th General Assembly | Amended
Bill Title: Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Provides that the Department may revoke a certificate of registration, permit, or license of an entity that is in default for moneys due to the Department. Amends the State Finance Act to provide that the Department of Revenue may maintain a petty cash fund not to exceed $2,000. Amends the Illinois Income Tax Act. Provides that payments received in taxable years ending on or after December 31, 2012 from (i) the assignment of a prize under Section 13.1 of the Illinois Lottery Law, (ii) payments of winnings from pari-mutuel wagering conducted at a wagering facility licensed under the Illinois Horse Racing Act of 1975, and (iii) gambling games conducted on a riverboat licensed under the Riverboat Gambling Act are allocable to this State. Amends the Use Tax Act. Provides that retailers that do not possess a valid certificate of registration at the time the sale or sales are made upon which the discount is taken are not entitled to a vendor's discount under the Act.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Failed) 2013-01-08 - Session Sine Die [HB5866 Detail]
Download: Illinois-2011-HB5866-Amended.html
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1 | AMENDMENT TO HOUSE BILL 5866
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2 | AMENDMENT NO. ______. Amend House Bill 5866, immediately | ||||||
3 | below the enacting clause, by inserting the following:
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4 | "Section 3. The Illinois Lottery Law is amended by adding | ||||||
5 | Section 21.9 as follows:
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6 | (20 ILCS 1605/21.9 new) | ||||||
7 | Sec. 21.9. Special drawings to benefit Illinois Lottery | ||||||
8 | scratch-off game beneficiary funds. | ||||||
9 | (a) The Department may, from time to time, designate | ||||||
10 | specific lottery game drawings to benefit the various | ||||||
11 | scratch-off game funds identified in Sections 21.5 through 21.8 | ||||||
12 | of this Act. Each special drawing designation shall be publicly | ||||||
13 | announced by the Department in advance of the drawing date, | ||||||
14 | along with the name of the fund that will benefit from the | ||||||
15 | drawing and any special criteria for the transfer of moneys to | ||||||
16 | the beneficiary fund, such as minimum sales or a net proceeds |
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1 | threshold. | ||||||
2 | (b) Proceeds from specially designated drawings shall be | ||||||
3 | deposited into the designated beneficiary fund for | ||||||
4 | appropriation by the General Assembly for the same purposes and | ||||||
5 | in accordance with the same requirements as outlined in | ||||||
6 | Sections 21.5 through 21.8 of this Act. ".
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