SB 2723 Illinois Senate · 104th Regular Session

GAMBLING-OWNERS LICENSES

Summary
Amends the Illinois Gambling Act. Provides that each licensee shall make a reconciliation payment 3 years after the date the licensee begins operating in an amount equal to 75% of the adjusted gross receipts for the most lucrative consecutive 12-month period of operations, minus an amount equal to (i) the initial payment per gaming position paid by the specific licensee and (ii) the $15,000,000 reconciliation fee.
Bill status in committee 1 of 4 stages cleared
Introduction
Oct 2025
Committee Review
Floor Vote
Governor
Introduced Oct 28, 2025 Last action May 22, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
11
Key actions
2
Committee
5
May 22, 2026
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Mar 27, 2026
Upper · Passed
Rule 2-10 Committee Deadline Established As April 24, 2026
upper
Mar 13, 2026
Upper · Passed
Rule 2-10 Committee Deadline Established As March 27, 2026
upper
Jan 27, 2026
Committee
Assigned to Executive
upper
Oct 28, 2025
Committee
Referred to Assignments
upper
1 primary · 1 co-sponsor

Sponsors