CHAPTER 75

An Act to amend the Code of Virginia by adding thereto a section num-
bered 9-29.1, to provide a tax upon admission charges and moneys
received from subscriptions for the showing of closed circuit and
subscription telecasts of boxing, sparring and wrestling matches,
exhibitions and performances. ‘3 46]

Approved February 19, 1962

Be it enacted by the General Assembly of Virginia:

. That the Code of Virginia be amended by adding a section thereto
umbered 9-29.1 as follows:

§ 9-29.1—Every club, corporation or association holding, showing
r exhibiting a simultaneous telecast of any live, current or spontaneous
oxing, sparring or wrestling match, exhibition or performance on a
Josed circuit telecast or subscription television viewed within this state,
vhether originating in this state or another state, shall within twenty-
our hours after the termination of such showing, furnish the Commis-
ion a written report, duly verified by one of its officers showing the
umber of tickets sold for such showing and the amount of the gross
yroceeds thereof, and such other matters as the Commission may pre-
cribe; and shall also, within twenty-four hours after the termination
f such showing, pay to the Commission a tax of five per centum of
ts total gross receipts from the sale of tickets of admission to, or moneys
eceived from subscription for, the showing or exhibiting of said boxing,
parring or wrestling match, exhibition or performance.

Every owner or operator of any theatre, arena or other place of
ublic amusement who shall show or exhibit a simultaneous telecast of
ny live, current or spontaneous boxing, sparring or wrestling match,
xhibition or performance, viewed within this state, whether originating
vithin this state or another state, shall within twenty-four hours after
he termination of such showing, pay to the Commission a tax of five
per centum of the total gross receipts from the sale of tickets of ad-
mission to, and moneys received from subscription for, the showing or
exhibiting of said boxing, sparring or wrestling match, exhibition or
performance.