House Sponsors: MOORE,EUGENE. Short description: GAMES-TXES-DEDUCT PRIZE MONEY Synopsis of Bill as introduced: Amends the Illinois Pull Tabs and Jar Games Act, the Bingo License and Tax Act, and the Charitable Games Act. Provides that the tax imposed under these Acts shall be imposed on the gross proceeds after deducting from the gross proceeds all amounts awarded as prizes (now on the gross proceeds). Effective immediately. STATE MANDATES FISCAL NOTE HB1414 fails to create a State mandate. HOME RULE NOTE HB 1414 does not preempt home rule authority. FISCAL NOTE (Dept. of Revenue) The $7.8 million loss represents a 59% decrease from the $14.5 million in tax revenues collected. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status