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File #: 16-1369    Version: 1 Name: GAMBLING MACHINE TAX (Violations, penalties; Books and records)
Type: Ordinance Amendment Status: Approved
File created: 1/26/2016 In control: Finance Committee
On agenda: 4/13/2016 Final action: 5/11/2016
Title: PROPOSED ORDINANCE AMENDMENT GAMBLING MACHINE TAX BE IT ORDAINED, by the Cook County Board of Commissioners, that Chapter 74 - Taxation, Article XVIII. Gambling Machine Tax, Sections 74-628, 74-634, 74-635 and 74-638of the Cook County Code is hereby amended as Follows: Sec. 74-628. - Tax imposed. A tax is imposed upon each Gambling Machine that is displayed by a person for play or operation by the public in Cook County, as follows: (a) Tax Rate on Gambling Device. For each 12-month period as established by the director, an annual tax in the amount of $1,000.00 is imposed upon each Gambling Device; said tax shall be paid by the owner and shall be applicable for Gambling Devices that are displayed by a person for play or operation by the public in Cook County. The tax imposed may be made pro-ratable by the director under such policies, procedures, rules, and forms as may be promulgated by said director and shall be paid by the owner of the machine. (b...
Sponsors: TONI PRECKWINKLE (President)
title
PROPOSED ORDINANCE AMENDMENT

GAMBLING MACHINE TAX

BE IT ORDAINED, by the Cook County Board of Commissioners, that Chapter 74 - Taxation, Article XVIII. Gambling Machine Tax, Sections 74-628, 74-634, 74-635 and 74-638of the Cook County Code is hereby amended as Follows:

Sec. 74-628. - Tax imposed.

A tax is imposed upon each Gambling Machine that is displayed by a person for play or operation by the public in Cook County, as follows:

(a) Tax Rate on Gambling Device. For each 12-month period as established by the director, an annual tax in the amount of $1,000.00 is imposed upon each Gambling Device; said tax shall be paid by the owner and shall be applicable for Gambling Devices that are displayed by a person for play or operation by the public in Cook County. The tax imposed may be made pro-ratable by the director under such policies, procedures, rules, and forms as may be promulgated by said director and shall be paid by the owner of the machine.

(b) Tax Rate on Video Gaming Terminal. For each 12-month period as established by the director, an annual tax in the amount of $200.00 is imposed upon each Video Gaming Terminal; said tax shall be paid by the owner and shall be applicable for Video Gaming Terminals that are displayed by a person for play or operation by the public in Cook County. The tax imposed may be made pro-ratable by the director under such policies, procedures, rules, and forms as may be promulgated by said director and shall be paid by the owner of the video gaming terminal.

(c) Additional Taxes. The taxes imposed in this Article is in addition to all other taxes imposed by the County, the State of Illinois or any municipal corporation or political subdivision of any of the foregoing.

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Sec. 74-634. - Violations, penalties.

(a) Any owner subject to this tax who remits the tax after the start of the 12-month period established by the director shall pay a late fee equal to the amo...

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