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Texas Statutes (Last Updated: January 4, 2014) |
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OCCUPATIONS CODE |
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Title 13. SPORTS, AMUSEMENTS, AND ENTERTAINMENT |
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Subtitle A. GAMING |
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Chapter 2001. BINGO |
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Subchapter K. TAXES AND PRIZE FEES |
Sec. 2001.503. LOCAL SHARE OF PRIZE FEE
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(a) Except as provided by Subsection (c), a county that imposed a gross receipts tax on the conduct of bingo as of January 1, 1993, is entitled to 50 percent of the fee collected under Section 2001.502 on a prize awarded at a game conducted in the county.
(b) Except as provided by Subsection (c), a municipality that imposed a gross receipts tax on the conduct of bingo as of January 1, 1993, is entitled to 50 percent of the fee collected under Section 2001.502 on a prize awarded at a game conducted in the municipality.
(c) If a county and municipality are both entitled to a share of the fee imposed by Section 2001.502:
(1) the county is entitled to 25 percent of the fee on a prize awarded at a game conducted in the county; and
(2) the municipality is entitled to 25 percent of the fee on a prize awarded at a game conducted in the municipality.