Illinois Department of Revenue

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The Illinois Department of Revenue (IDOR) is a cabinet-level department of the state government of Illinois. It is headquartered in the state capital of Springfield. The IDOR collects state taxes, operates the state lottery, oversees the state's casino industry, oversees the state's thoroughbred and harness horse racing industries, and regulates the distirbution of alcoholic beverages throughout Illinois, including beer, wine, and liquor. [1]

[edit] History

The Illinois Department of Revenue has increased in size in line with the creation of new taxes within the state and the expansion of existing taxes. A gasoline tax was enacted in Illinois in 1927, the sales tax was enacted in 1933; the state income tax was enacted in 1969, and the first lottery tickets were sold in 1974. [2]

[edit] Organization

The Illinois Department of Revenue collects taxes on its own behalf and overse the operations of three quasi-independent statae boards and commissions, as follows:

  • The Illinois Gaming Board regulates Illinois casinos;
  • The Illinois Racing Board regulates Illinois horse racetracks;
  • The Liquor Control Commission regulates the distribution of alcoholic beverages in Illinois.

[edit] Today

In fiscal year 2007, the Illinois Department of Revenue expects to collect $24.6 billion in taxes and gambling revenues, about five-sixths of the state's general funds revenues for the year. IDOR will keep $1.0 billion of this sum (4.0%) to cover the costs of its own operations, and will transfer the rest to the office of the Illinois State Treasurer to pay for the ongoing operations of the state.

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