Bill Text: HI HB2764 | 2010 | Regular Session | Introduced
Bill Title: Mixed Martial Arts Contests; Permits
Spectrum: Partisan Bill (Democrat 9-0)
Status: (Introduced - Dead) 2010-02-08 - (H) The committee(s) recommends that the measure be deferred. [HB2764 Detail]
Download: Hawaii-2010-HB2764-Introduced.html
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HOUSE OF REPRESENTATIVES |
H.B. NO. |
2764 |
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TWENTY-FIFTH LEGISLATURE, 2010 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO MIXED MARTIAL ARTS CONTESTS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 440E-7, Hawaii Revised Statutes, is amended by amending subsection (d) to read as follows:
"(d) In addition to the payment of other fees and moneys due under this chapter, a licensed promoter shall pay:
(1) For fiscal years 2009-2010 to 2012-2013, a license fee of four per cent of the first $50,000 of the total gross receipts and three per cent of the total gross receipts over $50,000 from admission fees to an event, exclusive of federal, state, and local taxes;
(2) For fiscal years beginning July 1, 2013, a license fee that is six per cent of the total gross receipts from admission fees to an event, exclusive of federal, state, and local taxes; and
[(3) In addition to the license fees
established in paragraphs (1) and (2), a licensed promoter shall also pay two
per cent of the gross sales price for the sale, lease, or other exploitation of
broadcasting, television, Internet, and motion picture rights for a contest or
an event, without any deductions for commission, brokerage fee, distribution
fees, advertising, contestants' purses, or any other expenses or charges,
including federal, state, or local taxes; and
(4)] (3) Two per cent of the gross
receipts from subscription or admission fees, exclusive of federal, state, and
local taxes, charged for viewing a simultaneous or pay per view telecast of a
contest or event.
Payments under this subsection shall be deposited into a separate account in the compliance resolution fund and shall be used to cover the costs of administering this chapter."
SECTION 2. Section 440E-11, Hawaii Revised Statutes, is amended to read as follows:
"[[]§440E-11[]] Receipts and
reports from promoters. [(a)] Within three business days after the
conclusion of every contest for which admission fees are charged and received,
every promoter holding a license to conduct, hold, or give mixed martial arts
contests, shall furnish to the director a written report, duly verified,
showing the number of tickets sold for the contest, the amount of the gross
receipts or proceeds thereof, and other matters as the director prescribes in
rules adopted in accordance with chapter 91.
[(b) For
purposes of this chapter, "gross receipts" includes income received
from the sale of print, internet, broadcasting, television, and motion picture
rights.]"
SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 4. This Act shall take effect upon its approval.
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INTRODUCED BY: |
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Report Title:
Mixed Martial Arts Contests; Permits
Description:
Removes requirement that a mixed martial arts contest promoter pay 2% of gross sales price relating to broadcasting, television, Internet, and motion picture rights in order to receive a permit.
The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
