230 ILCS 10/23
The State Gaming Fund
Illinois · Illinois Compiled Statutes 230 ILCS 10 — Illinois Gambling Act. · Status: effective
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- Citation
- 230 ILCS 10/23, The State Gaming Fund, Illinois, version 1 as recorded 2026-08-14, yourstate.us, https://yourstate.us/provision/1290104
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Full text
The State Gaming Fund. On or after the effective date of this Act, except as provided for payments into the Horse Racing Equity Trust Fund under subsection (a) of Section 7, all of the fees and taxes collected pursuant to this Act shall be deposited into the State Gaming Fund, a special fund in the State Treasury, which is hereby created. The adjusted gross receipts of any riverboat gambling operations conducted by a licensed manager on behalf of the State remaining after the payment of the fees and expenses of the licensed manager shall be deposited into the State Gaming Fund. Fines and penalties collected pursuant to this Act shall be deposited into the Education Assistance Fund, created by Public Act 86-0018, of the State of Illinois. (Source: P.A. 93-28, eff. 6-20-03; 94-804, eff. 5-26-06.)