230 ILCS 5/26.7

Current through Public Act 103-1056
Section 230 ILCS 5/26.7 - Advance deposit wagering surcharge

Beginning on August 26, 2012, each advance deposit wagering licensee shall impose a surcharge of 0.18% on winning wagers and winnings from wagers placed through advance deposit wagering. The surcharge shall be deducted from winnings prior to payout. Amounts derived from a surcharge imposed under this Section shall be paid to the standardbred purse accounts of organization licensees conducting standardbred racing.

230 ILCS 5/26.7

Amended by P.A. 101-0081,§ 555, eff. 7/12/2019.
Amended by P.A. 098-0018,§ 15, eff. 6/7/2013.
Added by P.A. 097-1060,§ 5, eff. 8/24/2012.