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90_SB0493ham001 LRB9002838LDdvam04 1 AMENDMENT TO SENATE BILL 493 2 AMENDMENT NO. . Amend Senate Bill 493 by replacing 3 everything after the enacting clause with the following: 4 "Section 5. The Riverboat Gambling Act is amended by 5 changing Section 7 as follows: 6 (230 ILCS 10/7) (from Ch. 120, par. 2407) 7 Sec. 7. Owners Licenses. 8 (a) The Board shall issue owners licenses to persons, 9 firms or corporations which apply for such licenses upon 10 payment to the Board of the non-refundable license fee set by 11 the Board, upon payment of a $25,000 license fee for the 12 first year of operation and a $5,000 license fee for each 13 succeeding year and upon a determination by the Board that 14 the applicant is eligible for an owners license pursuant to 15 this Act and the rules of the Board. A person, firm or 16 corporation is ineligible to receive an owners license if: 17 (1) the person has been convicted of a felony under 18 the laws of this State, any other state, or the United 19 States; 20 (2) the person has been convicted of any violation 21 of Article 28 of the Criminal Code of 1961, or 22 substantially similar laws of any other jurisdiction; -2- LRB9002838LDdvam04 1 (3) the person has submitted an application for a 2 license under this Act which contains false information; 3 (4) the person is a member of the Board; 4 (5) a person defined in (1), (2), (3) or (4) is an 5 officer, director or managerial employee of the firm or 6 corporation; 7 (6) the firm or corporation employs a person 8 defined in (1), (2), (3) or (4) who participates in the 9 management or operation of gambling operations authorized 10 under this Act; 11 (7) the person, firm or corporation owns more than 12 a 10% ownership interest in any entity holding an owners 13 license issued under this Act; or 14 (8) a license of the person, firm or corporation 15 issued under this Act, or a license to own or operate 16 gambling facilities in any other jurisdiction, has been 17 revoked. 18 (b) In determining whether to grant an owners license to 19 an applicant, the Board shall consider: 20 (1) the character, reputation, experience and 21 financial integrity of the applicants and of any other or 22 separate person that either: 23 (A) controls, directly or indirectly, such 24 applicant, or 25 (B) is controlled, directly or indirectly, by 26 such applicant or by a person which controls, 27 directly or indirectly, such applicant; 28 (2) the facilities or proposed facilities for the 29 conduct of riverboat gambling; 30 (3) the highest prospective total revenue to be 31 derived by the State from the conduct of riverboat 32 gambling; 33 (4) the good faith affirmative action plan of each 34 applicant to recruit, train and upgrade minorities in all -3- LRB9002838LDdvam04 1 employment classifications; 2 (5) the financial ability of the applicant to 3 purchase and maintain adequate liability and casualty 4 insurance; 5 (6) whether the applicant has adequate 6 capitalization to provide and maintain, for the duration 7 of a license, a riverboat; and 8 (7) the extent to which the applicant exceeds or 9 meets other standards for the issuance of an owners 10 license which the Board may adopt by rule. 11 (c) Each owners license shall specify the place where 12 riverboats shall operate and dock. 13 (d) Each applicant shall submit with his application, on 14 forms provided by the Board, 2 sets of his fingerprints. 15 (e) The Board may issue up to 10 licenses authorizing 16 the holders of such licenses to own riverboats. In the 17 application for an owners license, the applicant shall state 18 the dock at which the riverboat is based and the navigable 19 stream on which the riverboat will operate. The Board shall 20 issue 5 licenses to become effective not earlier than January 21 1, 1991. Four of such licenses shall authorize riverboat 22 gambling on the Mississippi River, one of which shall 23 authorize riverboat gambling from a home dock in the city of 24 East St. Louis. The other license shall authorize riverboat 25 gambling on the Illinois River south of Marshall County. The 26 Board shall issue 1 additional license to become effective 27 not earlier than March 1, 1992, which shall authorize 28 riverboat gambling on the Des Plaines River in Will County. 29 The Board may issue 4 additional licenses to become effective 30 not earlier than March 1, 1992. In determining the navigable 31 streams upon which riverboats will operate with licenses 32 effective on or after March 1, 1992, the Board shall consider 33 the economic benefit which riverboat gambling confers on the 34 State, and shall seek to assure that all regions of the State -4- LRB9002838LDdvam04 1 share in the economic benefits of riverboat gambling. 2 In granting all licenses, the Board may give favorable 3 consideration to economically depressed areas of the State, 4 to applicants presenting plans which provide for significant 5 economic development over a large geographic area, and to 6 applicants who currently operate non-gambling riverboats in 7 Illinois. The Board shall review all applications for owners 8 licenses, and shall inform each applicant of the Board's 9 decision. 10 The Board may revoke the owners license of a licensee 11 which fails to begin regular riverboat cruises within 12 12 months of receipt of the Board's approval of the application 13 if the Board determines that license revocation is in the 14 best interests of the State. 15 (f) The first 10 owners licenses issued under this Act 16 shall permit the holder to own up to 2 riverboats and 17 equipment thereon for a period of 3 years after the effective 18 date of the license. Holders of the first 10 owners licenses 19 must pay the annual license fee for each of the 3 years 20 during which they are authorized to own riverboats. 21 (g) Upon the termination, expiration or revocation of 22 each of the first 10 licenses, which shall be issued for a 3 23 year period, all licenses are renewable annually upon payment 24 of the fee and a determination by the Board that the licensee 25 continues to meet all of the requirements of this Act and the 26 Board's rules. However, for licenses renewed on or after July 27 1, 1997, renewal shall be for a period of 4 years, unless the 28 Board sets a shorter period. 29 (h) An owners license shall entitle the licensee to own 30 up to 2 riverboats. A licensee shall limit the number of 31 gambling participants to 1,200 for any such owners license. 32 Riverboats licensed to operate on the Mississippi River and 33 the Illinois River south of Marshall County shall have an 34 authorized capacity of at least 500 persons. Any other -5- LRB9002838LDdvam04 1 riverboat licensed under this Act shall have an authorized 2 capacity of at least 400 persons. 3 (i) A licensed owner is authorized to apply to the Board 4 for and, if approved therefor, to receive all licenses from 5 the Board necessary for the operation of a riverboat, 6 including a liquor license, a license to prepare and serve 7 food for human consumption, and other necessary licenses. 8 All use, occupation and excise taxes which apply to the sale 9 of food and beverages in this State and all taxes imposed on 10 the sale or use of tangible personal property apply to such 11 sales aboard the riverboat. 12 (j) None of the first 5 licenses issued by the Board to 13 become effective not earlier than January 1, 1991 shall 14 authorize a riverboat to dock in a municipality with a 15 population of under 2,000; however, this restriction does not 16 apply to any additional licenses issued by the Board to 17 become effective not earlier than March 1, 1992. The Board 18 may issue a license authorizing a riverboat to dock in a 19 municipality only if, prior to the issuance of the license, 20 the governing body of the municipality has by a majority vote 21 approved the docking of riverboats in the municipality. The 22 Board may issue a license authorizing a riverboat to dock in 23 areas of a county outside any municipality only if, prior to 24 the issuance of the license, the governing body of the county 25 has by a majority vote approved of the docking of riverboats 26 within such areas. 27 (k) Nothing in this Act shall be interpreted to prohibit 28 a licensed owner from operating a school for the training of 29 any occupational licensee. 30 (Source: P.A. 86-1029; 86-1389; 86-1475; 87-826.)".