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Bill > S05752
NY S05752
NY S05752Creates tax parity by imposing an eight and one-half percent tax on all combative sport event ticket sales.
summary
Introduced
05/14/2019
05/14/2019
In Committee
01/08/2020
01/08/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
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
AI Summary
This bill amends the tax law to impose an eight and one-half percent tax on all combative sport event ticket sales, creating tax parity by applying the same tax rate to all such events. The bill removes the previous $50,000 cap on the tax for ticket sales and adds a three percent tax on gross receipts from broadcasting rights and digital streaming of these events.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
REFERRED TO BUDGET AND REVENUE (on 01/08/2020)
Official Document
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