SB 988 Exempts Veterans, service, and fraternal organizations from bingo and pull tab taxes
Sponsor: Shoemyer
LR Number: 4448S.01I Fiscal Note: 4448-01
Committee: Ways & Means
Last Action: 2/25/2008 - Hearing Conducted S Ways & Means Committee Journal Page:
Title: Calendar Position:
Effective Date: August 28, 2008

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Current Bill Summary

SB 988 - Currently, all bingo pull-tab card suppliers are required to pay a tax equal to two percent of the gross receipts of the retail sales value charged for each pull-tab card sold in Missouri. Missouri law also requires any organization, which awards winners of bingo games prizes or merchandise having an aggregate retail value in excess of five thousand dollars per year or five hundred dollars per day, to pay a tax equal to two-tenths of one cent per bingo card sold. This act exempts veterans, service, and fraternal organizations from these tax.