Page 1336

effect, a partnership or Subchapter S corporation is required to pay estimated tax for such taxable year under Sections 803 and 804 of this Act if the amount payable as estimated tax can reasonably be expected to exceed $500. (10) The provisions of this subsection shall apply only with respect to taxable years for which the limitation on individual deductions applies under Section 164(b)(6) of the Internal Revenue Code. (Source: P.A. 103-9, eff. 6-7-23; 103-396, eff. 1-1-24; 103-595, eff. 6-26-24; 103-605, eff. 7-1-24; 104-453, eff. 12-12-25.) ARTICLE 140 Section 140-5. The Illinois Administrative Procedure Act is amended by adding Section 5-45.71 as follows: (5 ILCS 100/5-45.71 new) Sec. 5-45.71. Emergency rulemaking; Illinois Gaming Board. To provide for the expeditious and timely implementation of Sections 25-120 through 25-120.8 of the Sports Wagering Act, emergency rules implementing Sections 25-120 through 25-120.8 of the Sports Wagering Act may be adopted in accordance with Section 5-45 by the Illinois Gaming Board. The adoption of emergency rules authorized by Section 5-45 and this Section is deemed to be necessary for the public interest, safety, and SB3019 Enrolled LRB104 20255 HLH 33706 b Public Act 104-0468