|New Gaming Bill Will Create Jobs & Revenue|
|News Releases - Business, Economy & Finance|
|Written by Illinois Revenue & Jobs Alliance|
|Monday, 11 March 2013 11:59|
New bill addresses Governor’s concerns
Monday March 11, 2013, Springfield, Ill.—Last week, Illinois moved a step closer to generating much-needed jobs and revenue after a Senate Executive committee approved Senate Bill 1739, a gaming solution that will help kick start the state’s economic growth.
On Sunday, one of the bill's chief sponsors in the Senate, Sen. Terry Link (D-Waukegan), appeared on Chicago's ABC Channel 7's News Views, calling the bill "a windfall" for the state.
"We still have to give the money to education. We have to give money to the pensions," said Sen. Link during the Sunday morning talk show. "This [the gaming bill] is new money that will be added to those pots."
A gaming solution for more jobs and revenue has been the focal point of the Illinois Revenue and Jobs Alliance (IRJA) since last spring. The IRJA is a growing body of labor organizations, business groups, farming and agribusiness interests, racetracks and horsemen associations, and local municipalities, all committed to a gaming solution that will generate jobs and revenue.
The new bill addresses the concerns Gov. Pat Quinn outlined last summer by scaling back the total number of gaming positions, by including a provision to ban political contributions from gaming entities, and by assigning additional revenues to pensions and education.
Tags See All Tags