The effective date for the appropriations outlined in HB5732 is set for July 1, 2024.
Impact
If enacted, HB5732 will significantly impact the operational funding of the Illinois Gaming Board. It specifies detailed allocations for personal services, contractual services, and necessary expenditures for maintaining the integrity of gaming operations in Illinois. This bill is crucial for ensuring that the board can fulfill its regulatory responsibilities and manage the anticipated growth in gaming activities.
Summary
House Bill 5732 is an appropriations bill introduced by Rep. Jehan Gordon-Booth for the fiscal year beginning July 1, 2024. The primary purpose of this bill is to allocate funds for the ordinary and contingent expenses of the Illinois Gaming Board. The total amount appropriated from the State Gaming Fund is approximately $271,440,000, which includes provisions for personal services, employee benefits, travel, and various administrative expenses related to state-wide gaming operations.
Contention
While HB5732 primarily focuses on appropriations, potential points of contention may arise regarding the distribution of funds, particularly the allocation for local governments stemming from admissions and wagering tax. Some stakeholders may challenge the sufficiency of funding designated for local distribution compared to state operational expenses, raising concerns about the financial impacts on communities reliant on such revenues.