Amends the Sports Wagering Act. Provides that, beginning July 1, 2021, from the tax revenue from sports wagering deposited in the Sports Wagering Fund, an amount equal to 5% of adjusted gross receipts generated by a master sports wagering licensee (other than an online sports wagering operator) shall be paid monthly, subject to appropriation by the General Assembly, to the unit of local government in which the master sports wagering licensee is located. Effective immediately.

Statutes affected:
Introduced: 230 ILCS 45/25