South Carolina General Assembly

General Appropriations Bill H. 4700 for the fiscal year beginning July 1, 1998

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17                       SECTION 34
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19     TO AMEND THE 1976 CODE BY ADDING SECTION 52-7-37 SO AS TO PROVIDE THAT NO TAX OR FEE MAY BE IMPOSED
20     BY THE STATE ATHLETIC COMMISSION OR A COUNTY ATHLETIC COMMISSION ON THE GROSS RECEIPTS
21     RECEIVED BY REASON OF THE LEASE OR SALE OF TELEVISION, MOTION PICTURE, OR RADIO RIGHTS IN
22     CONNECTION WITH ANY BOXING, WRESTLING, KICK BOXING, FULL CONTACT KARATE, OR SPARRING
23     EXHIBITION OR PERFORMANCE IN THIS STATE.
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25     A.  The 1976 Code is amended by adding:
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27           "Section 52-7-37.     Notwithstanding any other provision of law, including applicable regulations, no tax or fee may be imposed by the
28     State Athletic Commission or a county athletic commission on the gross receipts received by reason of the lease or sale of television, motion
29     picture, or radio rights in connection with any boxing, wrestling, kick boxing, full contact karate, or sparring exhibition or performance in this
30     State."
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32     B.   This section is repealed July 30, 1999 unless otherwise extended by act or resolution of the General Assembly.
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