STATE OF NEW YORK
________________________________________________________________________
11269
IN ASSEMBLY
July 25, 2018
___________
Introduced by COMMITTEE ON RULES -- (at request of M. of A. Zebrowski)
-- read once and referred to the Committee on Ways and Means
AN ACT to amend the tax law, in relation to creating tax parity by
imposing an eight and one-half percent tax on all combative sport
event ticket sales
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 1 of section 452 of the tax law, as amended by
2 chapter 32 of the laws of 2016, is amended to read as follows:
3 1. On and after October first, nineteen hundred ninety-nine, a tax is
4 hereby imposed and shall be paid upon the gross receipts of every person
5 holding any professional or amateur boxing, sparring or wrestling match
6 or exhibition in this state. Such tax shall be imposed on such gross
7 receipts, exclusive of any federal taxes, as follows:
8 (a) [three] eight and one-half percent of gross receipts from ticket
9 sales[, except that in no event shall the tax imposed by this paragraph
10 exceed fifty thousand dollars for any match or exhibition];
11 (b) three percent of the sum of: (i) gross receipts from broadcasting
12 rights, and (ii) gross receipts from digital streaming over the inter-
13 net, except that in no event shall the tax imposed by this paragraph
14 exceed fifty thousand dollars for any match or exhibition.
15 § 2. This act shall take effect immediately and shall apply to taxes
16 imposed on and after such effective date. Effective immediately the
17 addition, amendment and/or repeal of any rule or regulation necessary
18 for the implementation of this act on its effective date are authorized
19 to be made on or before such date.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD16361-01-8
