Bill Text: TX HB3796 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to reducing the limitation on the maximum amount of gross receipts taxes collected for combative sports events.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2019-03-19 - Referred to Ways & Means [HB3796 Detail]
Download: Texas-2019-HB3796-Introduced.html
By: Gutierrez | H.B. No. 3796 |
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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 | ||
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SECTION 2. This Act takes effect September 1, 2019. |