Loading...
HomeMy WebLinkAbout1994-047 License and Business Regulations F ut C ORDINANCE NO. 94- 47 AN ORDINANCE relating to licenses and business regulations, reducing the rate of taxation for social card games and public cardrooms from twenty percent (20%) to sixteen percent (16%) , and amending Subsection A of Section 5 49 020 of the City of Yakima Municipal Code. BE IT ORDAINED BY THE CITY OF YAKIMA: Section 1 Subsection A of Section 5 49 020 of the City of Yakima Municipal Code is hereby amended to read as follows: "5 49 020 Taxes imposed -- Amounts -- Exemptions. A. Tax Imposed There is levied a tax upon all persons, associations and organizations who conduct or operate gambling activities within the city of Yakima and who have been duly licensed by the Washington State Gambling Commission to conduct or operate such gambling activities. Such tax shall be paid on the following gambling activities in the following respective amounts: 1 Any bingo or raffle, at the rate of ten percent and any • amusement game at the rate of two percent of the difference between the gross revenue received from the conduct of such bingo, raffle or amusement game and the amount paid for or as prizes in the conduct of such activity; 2. Any punchboard or pulltab, a tax computed at the rate of five percent of the gross receipts received from the conduct of such activity; provided, however, that effective April 1, 1988, and thereafter, such tax shall be computed at the rate of four percent of the gross receipts from the conduct of such activity; 3. Any social card game, a tax computed at the rate of twenty percent of the gross income received from the conduct of such activity; provided. however. that effective October 1. 1994. and thereafter. such tax shall be computed at the rate of sixteen percent of the gross income received from the conduct of such activity; 4 Any public cardroom operated as a commercial stimulant, a tax computed at the rate of twenty percent of the gross income received from the conduct of such activity; provided. however. that effective October 1. 1994. and thereafter. such tax shall be computed at the rate of sixteen percent of the gross income received from the conduct of such Activity " Section 2 This ordinance shall be in full force and effect 30 days after its passage, approval, and publication as provided by law and by the City Charter • (1s)ord /gambling taxes pm PASSED BY THE CITY COUNCIL, signed and approved this 23 day of August 1994 ATTEST p Mayor City Clerk Publication Date: 8 -26 -94 Effective Date: 9 -26 -94 110, (1s)ord /gambling taxes pm