(a) As used in this section:
"Act" means the Illinois Horse Racing Act of 1975, 230 ILCS 5/1, et al.
"Board" has the meaning ascribed to that term in Section 3.01 of the Act.
"lnter-track wagering location licensee" has the meaning ascribed to that term in Section 3.073 of the Act.
(b) A one-dollar admission fee is imposed upon each patron of an inter-track wagering location facility located wholly within the corporate boundaries of the City.
(c) It shall be the duty of each inter-track wagering location licensee at a facility located wholly within the corporate boundaries of the City to collect the fee imposed under subsection (b) of this section and to remit the fee to the Department of Finance no later than the 20th day of each calendar month for all admission fees collected during the immediately preceding calendar month. A verified statement of admission fees in a form prescribed by the Comptroller shall accompany each such remittance.
(d) Notwithstanding any other provision of this Chapter 4-156, for all periods beginning on or after January 1, 2020, all remittance returns shall be filed with the Department of Finance on an annual basis on or before August 20 of each year.
(e) Pursuant to Section 26(h)(10.1) of the Act, it shall be the duty of each inter-track wagering location licensee at a facility located wholly within the corporate boundaries of the City to pay to the City the percentage of the pari-mutuel handle required under Section 26(h)(10.1) of the Act, or its successor provision, no later than the 20th of the month following the month such handle was generated. Payment of the required percentage of the pari-mutuel handle shall be made to the Department of Finance separately and apart from remittance of the fee imposed under subsection (b) of this section.
(Added Coun. J. 12-9-92, p. 25465; Amend Coun. J. 11-16-11, p. 13798, Art. I, § 4; Amend Coun. J. 4-24-20, p. 15055, § 3)