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IL HB4576

IL HB4576
SPORTS WAGER-SUPPLIER LICENSES


summary

Introduced
01/14/2022
In Committee
01/21/2022
Crossed Over
Passed
Dead
04/08/2022

Introduced Session

102nd General Assembly

Bill Summary

Amends the Sports Wagering Act. Provides that beginning 4 years after issuance of the initial supplier license, a holder of a supplier license shall pay a $50,000 license fee for each additional 4-year renewal period (rather than a $150,000 annual license fee). Effective immediately.

AI Summary

This bill amends the Sports Wagering Act to change the license fee for sports wagering suppliers. Specifically, it provides that beginning 4 years after the initial supplier license is issued, the license fee for each additional 4-year renewal period will be $50,000, instead of the previous $150,000 annual license fee. The bill takes effect immediately.

Sponsors (1)

Last Action

Referred to Rules Committee (on 01/21/2022)

bill text


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