§ 4-33-22-33 — Closed circuit telecast; pay per view telecast; subscription television; gross receipts tax; report

Every promoter holding or showing any
public boxing, sparring, mixed martial arts, or unarmed combat match
or exhibition for viewing in Indiana on a closed circuit telecast, pay per
view telecast, or subscription television that is viewed by subscribers
who are not present at the venue shall furnish the executive director of
the commission a written report, under oath, stating the amount of
gross proceeds from the closed circuit telecast, pay per view telecast,
or subscription television viewing in Indiana and any other matter as
the commission may prescribe. The promoter shall, within seventy-two
(72) hours after the determination of the outcome of the match or
exhibition, pay a tax of three percent (3%) of the gross receipts from
the viewing of the match or exhibition on a closed circuit telecast, pay
per view telecast, or subscription television. However, the tax may not
exceed fifty thousand dollars ($50,000) for each event. Money derived
from the tax shall be placed in the state general fund. The budget
agency may augment appropriations from the fund to the Indiana
gaming commission to regulate boxing, sparring, unarmed combat, and
any other form of mixed martial arts.

Legislative History

As added by P.L.113-2010, SEC.11.