SB 988 - Shoemyer, Wes
Exempts Veterans, service, and fraternal organizations from bingo and pull tab taxes
Bill Details
Sponsor
LR Number
4448S.01I
Title
SB 988
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2008
Committee
Current Status
Hearing Conducted S Ways & Means Committee
Quick Links
Amendments
No amendments available
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.
JASON ZAMKUS