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ARIZONA HOUSE OF REPRESENTATIVESFifty-fourth Legislature Second Regular Session |
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HB 2522: bingo; licenses; taxes.
S/E: bingo; conduct; licenses; taxes
Sponsor: Representative Lieberman, LD 28
Committee on Commerce
Summary of the Strike-Everything Amendment to HB 2522
Overview
Increases the allowable gross receipt amounts relating to bingo licenses.
History
The Department of Revenue (DOR) enforces bingo laws and issues bingo licenses. Licenses are divided into three classifications based on the gross receipts. A class A license may be issued to a person in which the gross receipts cannot exceed $15,600 per year. A class B license may be issued to a qualified organization which the gross receipts cannot exceed $300,000 per year. A class C license may be issued to a qualified organization which the gross receipts exceed $300,000 per year (A.R.S. § 5-413).
If the licensee's gross receipts exceed the limits, the licensee must:
1) Immediately notify DOR that the limit has been exceeded;
2) Submit documents and meet the requirements for the new class of license applicable to the level of gross receipts;
3) Pay DOR the fee for the appropriate class of the license minus the amount originally submitted; and
4) Pay any tax at the rate applicable to the new class of license (A.R.S. § 5-415).
Provisions
1. Removes the prohibition relating to conducting a lottery or raffle within a 12-hour period before or after a bingo occasion or game. (Sec. 1)
2. Increases the gross receipt amounts for each license classification as follows:
a) Class A license, from $15,600 to $75,000;
b) Class B license, from $300,000 to $500,000; and
c) Class C license, from $300,000 to $500,000. (Sec. 2)
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g) HB 2522
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