§ 26-77. Tax levied.

(a)

Every owner, except an owner holding an import license and holding coin-operated machines solely for resale, who exhibits, displays or who permits to be exhibited or displayed in this state any coin-operated machine shall pay and there is levied on each coin-operated machine, as defined in section 26-76, except as are exempt in this section an annual occupation tax of $15.00. The tax shall be paid to the city by cashier's check or money order. The annual tax levied by section 26-76 may be collected on a quarterly basis. The city may establish procedures for quarterly collection and set due dates for the tax payments. The tax due from the owner of a coin-operated machine first exhibited or displayed in this state later than March 31 shall be prorated on a quarterly basis, with one-fourth of the annual tax due for each quarter or portion of a quarter remaining in the calendar year. No refund or credit of the annual tax levied by this section may be allowed to any owner who ceases the exhibition or display of any coin-operated machine prior to the end of any calendar year.

(b)

Gas meters, pay telephones, pay toilets, food vending machines, confection vending machines, beverage vending machines, merchandise vending machines, and cigarette vending machines which are now subject to an occupation or gross receipts tax, stamp vending machines, and service coin-operated machines, as that term is defined in section 26-76, are expressly exempt from the tax levied in this section.

(Code 1968, § 7½-9(b))

State law reference

Tax authorized, Vernon's Ann. Civ. St. art. 8802.

Cross reference

Taxation, ch. 90; occupation tax, § 90-26 et seq.