Illinois legislation · 104th General Assembly
Illinois HB5811: SPORTS WAGERING-EXCHANGE TAX
Status: Introduced, October 2, 2026
Amends the Sports Wagering Act. Repeals provisions concerning an exchange wager transaction tax. Effective immediately.
What the bill says
A bill FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026HB5811Introduced , by Rep. Travis WeaverSYNOPSIS AS INTRODUCED: ILCS 45/25-10230 ILCS 45/25-90 230 ILCS 45/25-10 230 ILCS 45/25-90 ILCS 45/25-10 ILCS 45/25-90 Amends the Sports Wagering Act. Repeals provisions concerning anexchange wager transaction tax. Effective immediately. LRB104 22393 HLH 38836 b LRB104 22393 HLH 38836 b LRB104 22393 HLH 38836 b A BILL FOR HB5811LRB104 22393 HLH 38836 b HB5811 LRB104 22393 HLH 38836 b HB5811 LRB104 22393 HLH 38836 b AN ACT concerning revenue.
From the introduced text, September 2, 2026:
A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026HB5811Introduced , by Rep. Travis WeaverSYNOPSIS AS INTRODUCED: ILCS 45/25-10230 ILCS 45/25-90 230 ILCS 45/25-10 230 ILCS 45/25-90 ILCS 45/25-10 ILCS 45/25-90 Amends the Sports Wagering Act. Repeals provisions concerning anexchange wager transaction tax. Effective immediately. LRB104 22393 HLH 38836 b LRB104 22393 HLH 38836 b LRB104 22393 HLH 38836 b A BILL FOR HB5811LRB104 22393 HLH 38836 b HB5811 LRB104 22393 HLH 38836 b HB5811 LRB104 22393 HLH 38836 b AN ACT concerning revenue. Be it enacted by the People of the State of Illinois, represented in the General Assembly: Section 5.The Sports Wagering Act is amended by changing Sections 25-10 and 25-90 as follows: (230 ILCS 45/25-10) Sec. 25-10.Definitions.As used in this Act: "Adjusted gross sports wagering receipts" means a master sports wagering licensee's gross sports wagering receipts, less winnings paid to wagerers in such games. "Athlete" means any current or former professional athlete or collegiate athlete. "Board" means the Illinois Gaming Board. "Covered persons" includes athletes; umpires, referees, and officials; personnel associated with clubs, teams, leagues, and athletic associations; medical professionals (including athletic trainers) who provide services to athletes and players; and the family members and associates of these persons where required to serve the purposes of this Act. [DELETED: "Exchange wager" includes an agreement, contract, …