Texas 2009 - 81st Regular

Texas House Bill HB3807 Compare Versions

Only one version of the bill is available at this time.
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11 81R2654 YDB-D
22 By: Flores H.B. No. 3807
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to the fee imposed on bingo prizes.
88 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
99 SECTION 1. Section 2001.502, Occupations Code, is amended
1010 to read as follows:
1111 Sec. 2001.502. PRIZE FEE. A licensed authorized
1212 organization shall:
1313 (1) collect from a person who wins a bingo prize of
1414 more than $5 a fee in the amount of five percent of the amount or
1515 value of the prize; and
1616 (2) remit to the commission a fee in the amount of five
1717 percent of the total amount or total value of all bingo prizes
1818 awarded.
1919 SECTION 2. This Act takes effect September 1, 2009.