Sec. 2001.458. ITEMS OF EXPENSE  


Latest version.
  • (a) An item of expense may not be incurred or paid in connection with the conduct of bingo except an expense that is reasonable or necessary to conduct bingo, including an expense for:

    (1) advertising, including the cost of printing bingo gift certificates;

    (2) security;

    (3) repairs to premises and equipment;

    (4) bingo supplies and equipment;

    (5) prizes;

    (6) stated rental or mortgage and insurance expenses;

    (7) bookkeeping, legal, or accounting services related to bingo;

    (8) fees for bingo chairpersons, operators, managers, salespersons, callers, cashiers, ushers, janitorial services, and utility supplies and services;

    (9) health insurance or health insurance benefits for bingo chairpersons, operators, managers, salespersons, callers, cashiers, and ushers, as provided by Subsection (b);

    (10) license fees;

    (11) attending a bingo seminar or convention required under Section 2001.107; and

    (12) debit card transaction fees and electronic funds transfer fees.

    (b) The value of health insurance or health insurance benefits provided by a licensed authorized organization to an employee may not exceed 50 percent of the total premium owed. If an employee is employed by more than one licensed authorized organization, the combined value of health insurance or health insurance benefits provided to the employee by the employing organizations may not exceed 50 percent of the total premium owed.

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2003, 78th Leg., ch. 1114, Sec. 22, eff. Sept. 1, 2003. Amended by: Acts 2009, 81st Leg., R.S., Ch. 636 , Sec. 35, eff. October 1, 2009. Acts 2011, 82nd Leg., R.S., Ch. 916 , Sec. 1, eff. September 1, 2011.