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HomeMy WebLinkAboutORD 4809Amends ORD 377 3 CITY OF RENTON,WASHINGTON ORDINANCE NO.4809 AN ORDINANCE OF THE CITY OF RENTON,WASHINGTON, AMENDING SECTION 5-8-5.A OF CHAPTER 8,GAMBLING TAX, OF TITLE V (FINANCE AND BUSINESS REGULATIONS),OF ORDINANCE NO.4260 ENTITLED "CODE OF GENERAL ORDINANCES OF THE CITY OF RENTON,WASHINGTON"BY CHANGING THE TAX RATE FOR BINGO GAMES AND RAFFLES TO 5%. SECTION I.Subsection 5-8-5.A of Chapter 8,Gambling Tax,of Title V (Finance and Business Regulations),of Ordinance No.4260 entitled "Code of General Ordinances of the City of Renton,Washington"is hereby ameoded to read as follows: A.For the conduct or operation of any bingo games and raffles a tax rate of five percent (5%)of the gross receipts received therefrom,less the actual net amount awarded.as cash or merchandise prizes.No tax shall be imposed on the first ten thousand dollars of gross receipts less the amount awarded as cash or merchandise prizes from raffles conducted by any bona fide charitable or nonprofit organization as defined in RCW 9.46.020(3). SECTION II. days after publication. 1bis ordinance shall be effective upon its passage.approval.and 30 PASSED BY THE CITY COUNCIL this 1st day of November ,1999. ~-;rk------- 1 ORDINANCE NO.4809 APPROVED BY THE MAYOR this 1st day of~~N_o_v_e_m_b_er~~~-------"1999. 7~~~, Lawrence J.Warren,City Attorney Date ofPublication:11/5/99 ORD.823:11l0l/99:as. 2