563.80 Gross receipts tax.
(1) An occupational tax is imposed on those gross receipts of any licensed organization which are derived from the conduct of bingo, in the following amounts:
(a) One percent of the first $30,000 in gross receipts received by a licensed organization during a year.
(b) Two percent of the gross receipts received by a licensed organization during a year that exceed $30,000.
(2m) All moneys received under sub. (1) shall be credited to the appropriation account under s. 20.505 (8) (jm).
History: 1973 c. 156; 1991 a. 269 s. 782Ld; Stats. 1991 s. 563.80; 1997 a. 237; 1999 a. 5.