California CodesBusiness and Professions Code - BPCDivision 8 — Special Business RegulationsChapter 2 — Boxing, Wrestling, and Martial ArtsArticle 16 — Boxer BenefitsSection 18884
(a) A promoter may, but is not required to, add to the price of each ticket sold for a professional boxing contest, an amount specifically designated on the ticket for contribution as a donation, either or both, to the pension plan established pursuant to Section 18881. The additional amount shall not be subject to the admissions tax required by Section 18824 or any other deductions. Nothing in this section shall authorize the addition of such amounts to less than all the tickets sold for the professional boxing contest involved. The promoter shall pay additional contributions collected in accordance with Section 18881.
(b) Any additional contributions received pursuant to this section shall not be considered to offset any of the contributions required by the commission under Section 18881.
Notes
Allows a promoter to add a separately designated donation to every ticket for a professional boxing contest for the specified pension plan, with no admissions tax or other deductions on the added amount. Collected donations must be paid as required and do not offset commission-required contributions; the add-on cannot be limited to only some tickets.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 18884 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-8/chapter-2/article-16/section-18884