County Executive Leopold Submits Legislation to Raise Commercial Bingo Tax
Annapolis, MD (February 28, 2007) - County Executive John R. Leopold sent the County Council legislation today that would raise the gross receipt tax on commercial bingo to ten-percent.
The bill would bring the current tax on gross receipts derived from commercial bingo from 7.5% to the general rate of 10 %.
"The additional tax on gross receipts for commercial bingo would generate about $300,000 annually for the County," said County Executive John Leopold. "This bill is simply charging the same tax on commercial bingo that is being charged to all other admissions and amusements, with the exception of movie theaters."
Legislation is expected to be introduced Monday, March 5th.