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Sen. Terry Link
Filed: 5/14/2009
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09600SB0744sam004 |
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LRB096 06812 AMC 26809 a |
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| AMENDMENT TO SENATE BILL 744
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| AMENDMENT NO. ______. Amend Senate Bill 744, AS AMENDED, |
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| with reference to page and line numbers of Senate Amendment No. |
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| 2, on page 171, by replacing lines 21 through 26 with the |
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| following: |
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| "If the licensed owner of a riverboat in operation on |
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| January 1, 2009 has capital projects of at least $45,000,000 |
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| that are approved by the Board in calendar year 2006 and |
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| thereafter or, starting in 2006 and going forward, for which at |
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| least $45,000,000 in capital expenditures have been made during |
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| a period of 3 calendar years, then no admissions tax is imposed |
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| on admissions to that riverboat for a 3-year period beginning |
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| on (i) the January 1 after the approval or the expenditures |
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| have been made or (ii) in the case of projects approved or |
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| expenditures made before the effective date of this amendatory |
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| Act of the 96th General Assembly, January 1, 2010.".
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