SB 0462 Increases Gross Receipts Tax on Boxing Broadcasts to 5%
Sponsor:DEPASCO
Committee:CONSLR Number:S1653.01I
Last Action:03/09/95 - Voted Do Pass w/SCA 1 S Conservation, Parks & Tourism Committee
Title:
Effective Date:August 28, 1995
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Current Bill Summary

SB 462 - This act increases the gross receipts tax from the sale, lease or other exploitation of the broadcasting, televising, closed-circuit telecasting and motion picture rights of boxing events from 1% to 5%. RONALD LEONE

SCA 1 - FUNDS ARE PAID INTO DEPARTMENT OF ECONOMIC DEVELOPMENT, DIVISION OF PROFESSIONAL REGISTRATION & THEREAFTER TRANSFERRED TO DEPARTMENT OF REVENUE & DEPOSITED IN ATHLETIC FUND.