Bill > S05652

This bill reduces the tax on combative sport event ticket sales from 8.5% to 5%, while maintaining the 3% tax on broadcasting and digital streaming rights. The bill aims to create tax parity by imposing a consistent 5% tax on all combative sport event ticket sales, excluding professional or amateur boxing, sparring, or wrestling exhibitions or matches. The bill will take effect immediately and apply to taxes imposed on and after the effective date.