Bill > SB1342

This bill amends the Video Gaming Act to specifically address video gaming regulations in municipalities with populations of 1,000,000 or more (which would primarily affect Chicago). The bill prevents such large municipalities from passing ordinances that prohibit video gaming within their corporate limits, instead mandating that any prohibition can only occur through a referendum. The bill also establishes a unique tax structure for video gaming terminals in these large municipalities, imposing a 34% tax on net terminal income, with 83% of the collected tax going to the Regional Transportation Authority and 17% distributed to the municipality where the gaming terminal is located. For municipalities with populations under 1,000,000, the existing tax structure remains unchanged, with 30% tax on net terminal income divided between the Capital Projects Fund and Local Government Video Gaming Distributive Fund. Additionally, the bill preempts home rule powers, meaning large municipalities cannot regulate video gaming in a way that conflicts with the new provisions. This legislation effectively standardizes video gaming regulations and taxation for large urban areas in Illinois.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1342&GAID=18&DocTypeID=SB&SessionID=114&GA=104