|
|
|
A BILL TO BE ENTITLED
|
|
AN ACT
|
|
relating to reducing the limitation on the maximum amount of gross |
|
receipts taxes collected for combative sports events. |
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
SECTION 1. Section 2052.151, Occupations Code, is amended |
|
by amending Subsection (b) to read as follows: |
|
(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 $20,000 |
|
[$30,000
|
|
], whichever is less. |
|
SECTION 2. This Act takes effect September 1, 2017. |