Page 1287
period thereafter, for the privilege of holding a license to operate sports wagering under this Act, this State shall impose a privilege tax on the master sports licensee's adjusted gross sports wagering receipts from sports wagering over the Internet or through a mobile application based on the following rates: 20% of annual adjusted gross sports wagering receipts up to and including $30,000,000. 25% of annual adjusted gross sports wagering receipts in excess of $30,000,000 but not exceeding $50,000,000. 30% of annual adjusted gross sports wagering receipts in excess of $50,000,000 but not exceeding $100,000,000. 35% of annual adjusted gross sports wagering receipts in excess of $100,000,000 but not exceeding $200,000,000. 40% of annual adjusted gross sports wagering receipts in excess of $200,000,000. (d-5) Beginning on July 1, 2024, and for each 12-month period thereafter, for the privilege of holding a license to operate sports wagering under this Act, this State shall impose a privilege tax on the master sports licensee's adjusted gross sports wagering receipts from sports wagering from other than over the Internet or through a mobile application based on the following rates: 20% of annual adjusted gross sports wagering receipts up to and including $30,000,000. 25% of annual adjusted gross sports wagering receipts SB3019 Enrolled LRB104 20255 HLH 33706 b Public Act 104-0468