CHAPTER 81

An Act to amend and reenact § 9-29.1 of the Code of Virginia, relating to
taxation of moneys received from subscription for the showing of
certain televised sporting events, so as to require the procurement
of certain licenses and the sanction of the Virginia Athletic Com-
mission to show such events.

(S 208]

Approved February 24, 1964

Be it enacted by the General Assembly of Virginia:
1. That § 9-29.1 of the Code of Virginia be amended and reenacted as
follows:

9-29.1. Every club, corporation or association holding, showing or
exhibiting a simultaneous telecast of any live, current or spontaneous
boxing, sparring or wrestling match, exhibition or performance on a closed
circuit telecast or subscription television viewed within this State, whether
originating in this State or another state and for which an admission
charge 1s made shall obtain a license from the Commission, for which the
Commission shall assess a charge of one dollar and, in advance of each
such showing, obtain a sanction from the Commission and shall within
twenty-four hours after the termination of such showing, furnish the
Commission a written report, duly verified by one of its officers showing
the number of tickets sold for such showing and the amount of the gross
proceeds thereof, and such other matters as the Commission may prescribe;
and shall also, within twenty-four hours after the termination of such
showing, pay to the Commission a tax of five per centum of its total gross
receipts from the sale of tickets of admission to, or moneys received
from subscription for, the showing or exhibiting of said boxing, sparring
or wrestling match, exhibition or performance.

Every owner or operator of any theater, arena or other place of public
amusement who shall show or exhibit a simultaneous telecast of any live,
current or spontaneous boxing, sparring or wrestling match, exhibition
or performance, viewed within this State, whether originating within this
State or another state, shall within twenty-four hours after the 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 admission to, and moneys received
from subscription for, the showing or exhibiting of said boxing, sparring
or wrestling match, exhibition or performance.