WeVote
Log In

Bill

Bill

SB 2671

Podiatric medicine and podiatrists; revise definitions and provisions related thereto.

2025 Regular Session Introduced by Joey Fillingane

SB 2671 would replace the existing video gaming tax with a single 45% tax on net terminal income, redistributing funds to Capital Projects, Local Gov, General Revenue, and DHS for

Died In Committee
#publichealthandwelfare
0
WeVote Research Nonpartisan
Bill Summary · SB 2671

Summary — SB 2671 (104th General Assembly, 2025–2026)

Status: Died in committee
Introduced: March 13, 2025 (filed with Secretary of the Senate by Sen. Mary Edly‑Allen)
Subject: Gaming / Public Health and Welfare
Companion bill: HB 3240

Note: The bill metadata provided included a title referencing podiatric medicine. The bill text and synopsis actually amend the Video Gaming Act (gaming tax and distributions). This summary reflects the Video Gaming Act changes in the bill text.

Purpose / Intent

SB 2671 would restructure the taxation and distribution of revenue from video gaming terminals in Illinois. It replaces the existing multi‑part tax scheme with a single, higher tax rate and changes how the receipts are allocated among state and local funds, including a dedicated share for compulsive‑gambling treatment.

Key provisions

  • Replaces the current tax framework (a 30% base tax plus additional smaller taxes that were scheduled to be inoperative on July 1, 2025) with a single 45% tax on net terminal income, effective July 1, 2025.
  • Collection: The Illinois Gaming Board would collect the 45% tax.
  • Distribution of the 45% tax (percentages of the tax collected):
    • 66.67% to the Capital Projects Fund
    • 11.11% to the Local Government Video Gaming Distributive Fund
    • 21.11% to the General Revenue Fund
    • 1.11% to the State Gaming Fund — to be transferred to the Department of Human Services (DHS) for administration of compulsive‑gambling treatment programs
  • Administrative and compliance provisions:
    • Video gaming terminal operators must deposit revenues into a specially created separate bank account to facilitate electronic fund transfers for tax payments.
    • Licensed establishments must maintain an adequate video gaming fund (amount to be set by the Illinois Gaming Board).
    • Reporting and remittance schedule: State’s share of net terminal income must be reported and remitted to the Board on a monthly schedule (text indicates remittances within 15 days after the 15th and within 15 days after month‑end).
    • Enforcement and penalties: Operators who falsely report or fail to report amounts due may be guilty of a Class 4 felony and subject to license termination. Late payments are subject to a penalty/assessment (1.5% per month on unpaid balances).

Who would be affected

  • Video gaming terminal operators and licensed establishments (bars, truck stops, fraternal/veteran organizations, etc.) — higher overall tax burden and changed cash‑management and reporting requirements.
  • Illinois Gaming Board — responsible for collection, oversight, and determining fund levels for establishments.
  • State and local governments — changes in revenue shares:
    • Capital Projects Fund would receive a smaller percentage of each taxed dollar than under the prior 30% structure (but total dollars may rise due to higher rate).
    • Local governments would receive a reduced percentage share (11.11% vs. previously ~16.67% of the main tax portion).
    • General Revenue would receive a new/expanded share (21.11%).
    • DHS would receive funding for compulsive‑gambling treatment via transfer from the State Gaming Fund (1.11%).
  • Players are not directly taxed by the bill, but operators’ responses to higher taxes could affect game availability or terminal deployment.

Fiscal and practical implications

  • The effective tax rate on net terminal income would increase from the combined prior rates (historically 30% base plus incremental percentages — totaling roughly 35% after prior additions) to 45%, which is a substantial increase in operator tax liability.
  • Because the distribution formula shifts significant portions to General Revenue and retains funding for capital projects, the state could see increased general fund receipts; local shares (percentage‑wise) would decline though total dollars depend on gaming volume.
  • Dedicated funding for compulsive‑gambling treatment is explicitly created (1.11% of the tax).

Timing and procedural notes

  • The bill specifies that the prior tax provisions become inoperative on July 1, 2025, and the 45% tax would begin July 1, 2025.
  • The bill’s effective date language indicates it takes effect upon becoming law.
  • According to the provided legislative actions, SB 2671 did not advance — it is listed as "Died In Committee."

If you want, I can:
- Compare the exact dollar impact under revenue scenarios (low/medium/high gaming volume), or
- Summarize the companion HB 3240 to see whether it differs.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.