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HomeMy WebLinkAboutORD 5820 CITY OF RENTON, WASHINGTON ORDINANCE NO. 5820 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, AMENDING SECTION 5-8-5 OF CHAPTER 8, GAMBLING TAX, OF TITLE V (FINANCE AND BUSINESS REGULATIONS) OF THE RENTON MUNICIPAL CODE, PROVIDING AN EXEMPTION FOR GAMBLING TAX IMPOSED ON GROSS RECEIPTS FROM BINGO GAMES AND RAFFLES CONDUCTED BY CERTAIN BONA FIDE CHARITABLE OR NONPROFIT ORGANIZATIONS. THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES ORDAIN AS FOLLOWS: SECTION I. Subsection 5-8-5.A of Chapter 8, Gambling Tax, of Title V (Finance and Business Regulations) of the Renton Municipal Code, is amended 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, less the actual net amount awarded as cash or merchandise prizes. No tax shall be imposed on the first ten thousand dollars ($10,000) of gross receipts less the amount awarded as cash or merchandise prizes from bingo games and raffles conducted by any bona fide charitable or nonprofit organization as defined in RCW 9.46.0209 (Bona fide charitable or nonprofit organization), as it exists or may be amended. �No tax r-a�e�t�►r^ ,^�' ^^^ "^'{ ^e�ce�+ ���shall be imposed on the gross receipts ,,,��h,. +„h +�,,.���-,r.� ,�„ii-,.-� it�n nnn► � i„�� +w„ -, .,+ � .,.-.�,,,� -, , ". ....�" �. ,,... �"^�a��� �, from bingo games and raffles conducted by a bona fide charitable or nonprofit organization as defined in RCW 9.46.0209, as it exists or may be amended, whose purpose is to provide programs or facilities for 1 ORDINANCE N0. 5820 meeting the basic health, education, or welfare needs to residents in Renton and other South King County communities. SECTION II. This ordinance shall be in full force and effect on January 1, 2017. PASSED BY THE CITY COUNCIL this 21st day of November , 2016. Jaso A. Seth, City Clerk APPROVED BY THE MAYOR this 21st day of November , 2016. �l.✓ Denis Law, Mayor Approved as to form: `���.�``��F„RE�lyj:''�•,,� ,� ,,,,,,�,���,,, O �, �� ;���.��'� ��''�-,'y "'-. c/' '�G"'"t'`-- _ = �' � . , ; = SE AL - * _ Lawrence J. Warren, City Attorney = * " = = 's s �' = � - 11 25 2016 ' ''� �`` �_ � � ( summar '����yCQ/�������i��������`���`.��0`� Date of Publication: Y) ���������RATED,S����`�\. ORD:1943:10/14/16:scr 2