Report Title:
Mixed Martial Arts (MMA)
Description:
Establishes a fee structure to fund mixed martial arts regulation. (SD1)
THE SENATE |
S.B. NO. |
3030 |
TWENTY-FOURTH LEGISLATURE, 2008 |
S.D. 1 |
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STATE OF HAWAII |
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A BILL FOR AN ACT
RELATING TO MIXED MARTIAL ARTS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
SECTION 1. Section 440E-7, Hawaii Revised Statutes, is amended by amending subsection (d) to read as follows:
"(d) In addition to the payment of other fees and moneys due under this chapter, a licensed promoter shall pay:
(1) [A license fee
of three per cent of the first $50,000 of the total gross receipts from
admission fees to an event, exclusive of federal, state, and local taxes;
(2) A
license fee of two per cent of the total gross receipts over $50,000 from
admission fees to an event, exclusive of federal, state, and local taxes;]
For fiscal years 2009-2010 to 2012-2013, a license fee of four per cent of
the first $50,000 of the total gross receipts and three per cent of the total
gross receipts over $50,000 from admission fees to an event, exclusive of
federal, state, and local taxes;
(2) For fiscal years beginning after June 30, 2013, a license fee that is six per cent of the total gross receipts from admission fees to an event, exclusive of federal, state, and local taxes.
[(3) Two]
In addition to the license fees established in paragraphs (1) and (2), a
licensed promoter shall also pay two per cent of the gross sales price for
the sale, lease, or other exploitation of broadcasting, television, Internet,
and motion picture rights for a contest or an event, without any deductions for
commission, brokerage fee, distribution fees, advertising, contestants' purses,
or any other expenses or charges, including federal, state, or local taxes; and
[(4) Two]
two per cent of the gross receipts from subscription or admission fees,
exclusive of federal, state, and local taxes, charged for viewing [within the State of] a simultaneous or
pay per view telecast of [an] a
contest or event[; provided that payments].
Payments under this subsection shall be deposited into a separate account
in the compliance resolution fund and shall be used for the costs of
administering this chapter."
SECTION 2. At each promoter's license renewal period, each promoter shall pay an additional surcharge fee of $16,750, or any other amount determined by the department of commerce and consumer affairs to be appropriate, which shall be deposited into the compliance resolution fund established pursuant to section 26-9(o), Hawaii Revised Statutes. The department may adjust the additional surcharge fee to equitably apportion the cost among the promoters based on the number of licensed promoters. Upon the full repayment of $335,000, fiscal year 2007-2008 and fiscal year 2008-2009 costs to implement this Act, thereafter, no surcharge shall be assessed, and any funds in excess of this amount shall remain in the compliance resolution fund.
SECTION 3. Statutory material to be repealed is bracketed and stricken. New statutory material is underscored.
SECTION 4. This Act shall take effect on July 1, 2050.