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§ 1515. Fee on initial sale of tickets for professional sporting events

Oklahoma Statutes AnnotatedTitle 68. Revenue and Taxation

Oklahoma Statutes Annotated
Title 68. Revenue and Taxation (Refs & Annos)
Chapter 1. Tax Codes (Refs & Annos)
Article 15a. Professional Sporting Events
68 Okl.St.Ann. § 1515
§ 1515. Fee on initial sale of tickets for professional sporting events
Currentness
A. There shall be assessed a fee on the initial sale of tickets in this state for admission to professional sporting events involving ice hockey, baseball, basketball, football, arena football or soccer, in amounts as follows:
1. One Dollar ($1.00) on each ticket priced at more than zero, but less than Fifty Dollars ($50.00); and
2. Two Dollars ($2.00) on each ticket priced equal to or greater than Fifty Dollars ($50.00).
B. The fee prescribed by subsection A of this section shall be remitted monthly to the Oklahoma Tax Commission on such forms as the Commission may prescribe for such purpose.
C. All monies collected pursuant to this section shall be paid by the Oklahoma Tax Commission to the State Treasurer to be deposited in the General Revenue Fund.
D. The Oklahoma Tax Commission shall promulgate rules as necessary to implement and administer the provisions of this section.
E. As used in this section, “professional sporting event” means an organized athletic competition between teams that are members of an organized league or association with centralized management that imposes requirements for participation in the league upon the teams, the individual athletes or both, and which uses a salary structure to compensate the athletes.

Credits

Laws 2017, c. 238, § 1, eff. July 1, 2017.
68 Okl. St. Ann. § 1515, OK ST T. 68 § 1515
Current with emergency effective legislation through Chapter 106 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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