Illinois Code § 13

§ 13.

Tickets; tax. The total number of tickets sold shall not exceed the total seating capacity of the premises in which the professional or amateur contest, or a combination of both, is to be held. No tickets of admission to any professional or amateur contest, or a combination of both, shall be sold except those declared on an official ticket inventory as described in this Section. A promoter who conducts a professional contest, an amateur contest, or a combination of both under this Act shall, within 7 business days after such a contest: (1) furnish to the Department a written or electronic report verified by the promoter or his or her authorized designee showing the number of tickets sold for such a contest or the actual ticket stubs of tickets sold and the amount of the gross proceeds thereof; and (2) pay to the Department a tax of 5% of gross receipts from the sale of admission tickets, not to exceed $75,000, to be collected by the Department and placed in the General Professions Dedicated Fund. Moneys in the General Professions Dedicated Fund shall be used by the Department, subject to appropriation, for expenses incurred in administering this Act. Moneys in the Fund may be transferred to the Professions Indirect Cost Fund, as authorized under Section 2105-300 of the Department of Professional Regulation Law. In addition to the payment of any other taxes and money due under this Section, every promoter of a professional or a combination of a professional and amateur contest shall pay to the Department 3% of the first $500,000 and 4% thereafter, which shall not exceed $50,000 in total from the total gross receipts from the sale, lease, or other exploitation of broadcasting, including, but not limited to, Internet, cable, television, and motion picture rights for that professional contest, amateur contest, combination of both, or exhibition without any deductions for commissions, brokerage fees, distribution fees, advertising, professional contestants' purses, or any other expenses or charges. These fees shall be paid to the Department within 7 business days after the conclusion of the broadcast of the contest and placed in the General Professions Dedicated Fund. (Source: P.A. 102-20, eff. 1-1-22.)