Sec. 2052.151. IMPOSITION AND RATE OF TAX. (a) A tax is imposed on a person who:
(1) conducts a combative sports event in which a fee is charged for admission to the event; or
(2) exhibits in this state a simultaneous telecast of a live, spontaneous, or current combative sports event on a closed circuit telecast, in which a fee is charged for admission to the telecast.
(b) The tax is three percent of the gross receipts obtained from the sale of tickets to the event, plus three percent of gross receipts received from sales of broadcast rights or $30,000, whichever is less.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2003, 78th Leg., ch. 816, Sec. 7.011, eff. Jan. 1, 2004.
Amended by:
Acts 2005, 79th Leg., Ch. 35 (S.B. 796), Sec. 12, eff. September 1, 2005.
Section: Previous 2052.110 2052.111 2052.113 2052.114 2052.115 2052.116 2052.117 2052.151 2052.152 2052.153 2052.251 2052.252 2052.253 2052.254 2052.3015 NextLast modified: September 28, 2016