§ 41-5.2-27. Tax on admissions.
(a) Every licensee holding or conducting any professional, mixed-martial-arts event or exhibition shall, after its conclusion, pay to the general treasurer for the use of the state a sum equal to five percent (5%) of the total gross receipts from the sale of tickets and from admission fees; provided, however, that every licensee holding or conducting a professional, mixed-martial-arts event or exhibition shall, at its conclusion, pay to the general treasurer a sum equal to five percent (5%) of the gross receipts up to one thousand dollars ($1,000) and five percent (5%) of the balance of the gross receipts; provided, further, however, that if the match or exhibition is conducted as an incidental feature in an event or entertainment of a different character, the portion of the total receipts shall be paid to the state as the division of gaming and athletics licensing may determine, or as may be fixed by rule adopted under § 41-5.2-25. Within seventy-two (72) hours after the conclusion of the match or exhibition, the licensee shall furnish to the division a report, sworn under oath upon the pains and penalties of perjury, showing the exact number of tickets sold and admission fees collected for the contest, and the gross receipts thereof, and such other data as the division may require. All fees for licenses and other income of the division shall be turned over to the general treasurer for the use of the state. No licensee shall distribute more than fifty (50) complimentary tickets in any one event.
(b) For each match or exhibition, the division, through its inspector and upon the conclusion of the collection of admission fees for the match or exhibition, may examine the box-office admission figures, the admission statements maintained by, or on behalf of, the licensee, and such other data as the division may direct. Upon the conclusion of the match or exhibition, the licensee shall tender to the state inspector the sums mentioned in this section. Written acceptance of the tender shall be signed by the inspector and counter signed by the licensee or an agent of the licensee.
(P.L. 2011, ch. 154, § 2; P.L. 2011, ch. 280, § 2; P.L. 2016, ch. 528, § 6.)