Loading...
O-92-2564 - 2/13/1992ORDINANCE NO. AN ORDINANCE AMENDING CHAPTER 1, CODE OF ORDINANCES, 1990 EDITION, CITY OF ROUND ROCK, TEXAS BY ADDING A NEW SECTION 1.2400, WHICH PROVIDES FOR THE IMPOSITION OF A ONE PERCENT GROSS RECEIPTS TAX ON THE CONDUCT OF BINGO GAMES WITHIN THE CITY LIMITS OF ROUND ROCK, TEXAS AND SETTING AN EFFECTIVE DATE FOR SAME; PROVIDING A SAVINGS CLAUSE AND REPEALING CONFLICTING ORDINANCES AND RESOLUTIONS. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS: I. That Chapter 1, Code of Ordinances, 1990 Edition, City of Round Rock, Texas is hereby amended by adding a new Section 1.2400, which shall read as follows: SECTION 1.2400 BINGO TAX 1.2401 IMPOSITION OF TAX Pursuant to the Texas Bingo Enabling Act, Article 179d, V.A.T.S., there is hereby imposed a one percent tax on all taxable gross receipts from the conduct of bingo games held within the city limits of Round Rock, Texas. 1.2402 EFFECTIVE DATE The effective date of this ordinance shall be the 1st day of March, 1992. II. A. All ordinances, parts of ordinances, or resolutions in conflict herewith are expressly repealed. B. The invalidity of any section or provision of this ordinance shall not invalidate other sections or provisions thereof. 22 READ and APPROVED on first reading this the gJ —day of , 1992. th READ, APPROVED and ADOPTED on second reading this the day of 1992. OR01232C ATTEST: NE LAND, City Secretary MIKE ROBINSON, Mayor City of Round Rock, Texas 2. DATE: February 11, 1992 SUBJECT: City Council Meeting, February 13, 1992 ITEM: 8B. Consider an ordinance enacting a Bingo Tax. (Second Reading) STAFF RESOURCE PERSON: Joanne Land STAFF RECOMMENDATION: This item was discussed at the January meetings. Under current State law a city may impose a two percent (2%) gross receipts tax on the conduct of bingo games within the city. If a county also imposes a tax (Williamson County does), then the city may collect only one percent (1%) of the gross receipts and the County receives one percent (1%). According to Bob Sauls, Attorney with the Texas Alcoholic Beverage Commission, in order to collect our percentage of the tax, the City must pass an ordinance imposing the tax. Since the County currently collects two percent (2%), the amount collected will be divided between the City and the County. The tax is born by those individuals who play bingo. Staff recommends approval of this ordinance. ECONOMIC IMPACT: If the Council wishes to enact this ordinance the projected revenues will be between $2,500 and $5,000 per year.