HB 2055 - State Lottery Privatization - Illinois Key Vote
Skip Saviano voted Nay (Passage With Amendment) on this Legislation-Joint Resolution.
Timeline
- House Bill Failed
- July 6, 2007
- Introduced
- June 26, 2007
Related Issues
Stage Details
Title: State Lottery Privatization
Vote Smart's Synopsis:
Vote to pass a bill that authorizes the operation of the state lottery by an outside firm.
Highlights:
- Authorizes the state to contract the operation of the state lottery to a third party through a Management and Concession Agreement (sec. 2). - Limits a Management and Concession Agreement (MCA) for the operation of a lottery to a term of 75 years and requires the payment of at least $10 billion to the state by a third party in order to enter into a Management and Concession Agreement (sec. 2.1).
Title: State Lottery Privatization