Texas Occupations Code 2001.459 – Expenses Paid From Bingo Account
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(a) The following items of expense incurred or paid in connection with the conduct of bingo must be paid from an organization’s bingo account:
(1) advertising, including the cost of printing bingo gift certificates;
(2) security during a bingo occasion;
(3) the purchase or repair of bingo supplies and equipment;
(4) prizes, other than authorized cash prizes;
(5) stated rental expenses;
(6) bookkeeping, legal, or accounting services;
(7) fees for callers, cashiers, and ushers; and
(8) janitorial services.
(b) Repealed by Acts 2023, 88th Leg., R.S., Ch. 1132 (S.B. 643), Sec. 17(3), eff. September 1, 2023.
Terms Used In Texas Occupations Code 2001.459
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.