summary
Introduced
02/02/2023
02/02/2023
In Committee
04/28/2023
04/28/2023
Crossed Over
03/29/2023
03/29/2023
Passed
Dead
01/08/2025
01/08/2025
Introduced Session
103rd 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 reduce the annual license fee for sports wagering suppliers from $150,000 to $50,000 for each additional 4-year renewal period after the initial 4-year license. The bill retains the requirement for suppliers to pay a $150,000 non-refundable license and application fee for the initial 4-year period. The Board may accept licensing or equipment approval from other jurisdictions with similar requirements as evidence of meeting the State's standards.
Committee Categories
Business and Industry, Government Affairs
Sponsors (2)
Last Action
Session Sine Die (on 01/07/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=323&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
| BillText | https://www.ilga.gov/legislation/103/SB/10300SB0323eng.htm |
| Senate Amendment 001 | https://www.ilga.gov/legislation/103/SB/10300SB0323sam001.htm |
| BillText | https://www.ilga.gov/legislation/103/SB/10300SB0323.htm |
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