Bill

Bill > HB4070


IL HB4070

IL HB4070
GAMBLING-CASINO RELOCATION


summary

Introduced
05/29/2025
In Committee
05/29/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Illinois Gambling Act. Requires the Illinois Gaming Board to conduct a survey to measure each operating casino license in the State regarding the adjusted gross receipts reported to the Board for the most recently concluded 12-month period within 12 months after the effective date of the amendatory Act. Requires the Board to submit a report to the Governor and the General Assembly listing all of the operating casino licenses, ranked by order of adjusted gross receipt productivity. Requires the Board to establish a request for proposals process to relocate the 3 lowest performing casinos based on the report in which a municipality or county may submit a proposal requesting the authorization to host one of the 3 lowest performing casino's license within the municipality or county. Provides that each owner or operator of a casino license subject to relocation has the right to relocate the casino to a new location as determined by the request for proposals process, and the relocation shall be completed no more than 5 years after the conclusion of the request for proposals process and selection of a new location. Provides that a provision regarding wagering taxes, rates and distribution applies to the adjusted gross receipts tax and its division by enumerated shares to enumerated eligible recipients subsequent to any relocation of a casino, and the share of the adjusted gross receipts, measured by percentage of the adjusted gross receipts, shall continue to be paid to the former host municipality or county by 2 times the amount the share of the adjusted gross receipts that had previously been paid to the former host municipality or county.

AI Summary

This bill requires the Illinois Gaming Board to conduct a comprehensive survey of casino performance within 12 months of the bill's effective date. The survey will measure each operating casino's adjusted gross receipts and produce a public report ranking the casinos by their financial productivity. The bill then mandates a request for proposals (RFP) process to relocate the three lowest-performing casinos, allowing municipalities or counties to submit proposals to host one of these casino licenses. Each casino subject to relocation will have the right to move to a new location, with the relocation to be completed within 5 years of the RFP process. Importantly, the bill provides that if a casino relocates, its former host municipality or county will continue to receive tax revenue at twice the previous rate, ensuring that the original community does not suffer financially from the casino's departure. The bill aims to optimize casino performance and provide opportunities for economic development by allowing struggling casinos to find more suitable locations while protecting the financial interests of original host communities.

Sponsors (4)

Last Action

Added Chief Co-Sponsor Rep. Martin McLaughlin (on 05/31/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...