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HomeMy WebLinkAbout1988-3102 REDUCING GAMBLING TAXES . 6 ORDINANCE N0, �� �� 0 @� �� —�� ~' ^°� AN ORDINANCE relating to licenses and business re- gulations; reducing punchboard and pu||tab ��� gambling taxes; and amending subsection 5.49.020A of the City of Yakima Municipal Code. BE IT ORDAINED BY THE CITY OF YAKIMA Section 1. Subsection 5.49.020A of the City of Yakima Municipal Code is hereby amended to read as follows: x5.49.020 Tax im[}wsad--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 pu||tab, 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; 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." Section 2, This ordinance shall be in full force and effect thirty days after its passage, approval and pub- lication as provided by law and by the City Charter. PASSED BY THE CITY COUNCIL, signed and approved this �~ a�y of , 1988. ____ MAYOR ATTEST: L 6t6--e.c,E■ JUN 1 D�� Publication Date •%* w�'" ^ == affective Date JUL f l ucp/w / • l ' � � ^ , • / ' ,' ' � / • ^ '