Bill > S07949

This bill amends the tax law to impose an eight and one-half percent tax on all combative sport event ticket sales in New York. The tax also applies to the gross receipts from broadcasting rights and digital streaming of these events, though the tax on those revenue streams is capped at $50,000 per event. The bill aims to create tax parity by imposing the same tax rate on all combative sport events, regardless of whether they are professional or amateur boxing, sparring, or wrestling matches.