TAX ON ADMISSIONS.

SEC. 201. TAX ON ADMISSIONS. (a) Permanent Use or Lease of Boxes or Seats.—Section 1700 (b) (1) (relating to tax on permanent use or lease of boxes or seats) is hereby amended by striking out “11 per centum” and inserting in lieu thereof “10 per centum”. (b) Sales Outside Box Office.—Section 1700 (c) (1) (relating to tax on sales outside box office) is hereby amended by striking out “11 per centum” and inserting in lieu thereof “10 per centum”. (c) Cabarets. Roof Gardens, Etc.—The first sentence of section 1700 (e) (1) (relating to tax on cabarets, roof gardens, etc.) is hereby amended to read as follows: “A tax equivalent to 20 per centum of all amounts paid for admission, refreshment, service, or merchandise, at any roof garden, cabaret, or other similar place furnishing a public performance for profit, by or for any patron or guest who is entitled to be present during any portion of such performance.” (d) Single or Season Tickets and Subscriptions.—For reduction in rate of tax on admission by single or season ticket or subscription, see section 504 (a). (e) Rate to Apply to Major Fractions.—Section 1700 (a) (1) (relating to rate of tax on single or season tickets and subscriptions) is hereby amended by striking out “fraction” and inserting in lieu thereof “major fraction”. (f) Exemption of Admissions of Fifty Cents or Less.—Section 1700 (a) (1) (relating to rate of tax on single or season tickets and subscriptions) is hereby amended by striking out the second sentence thereof and inserting in lieu thereof the following: “No tax shall be imposed under this paragraph on the amount paid for admission— 68 Stat. 38 “(A) if the amount paid for admission is 50 cents or less, or “(B) in the case of a season ticket or subscription, if the amount which would be charged to the holder or subscriber for a single admission is 50 cents or less.” (g) Admissions to Certain Race Tracks.— (1) Section 1700 (a) (relating to rate of tax on single or season tickets and subscriptions) is hereby amended by adding at the end thereof the following: “(3) Certain race tracks.—In lieu of the tax imposed under paragraph (1), a tax of 1 cent for each 5 cents or major fraction thereof of the amount paid for admission to any place (including admission by season ticket or subscription) if the principal amusement or recreation offered with respect to such admission is horse or dog racing at a race track. The tax imposed under this paragraph shall be paid by the person paying for such admission.” (2) Section 1700 (b) (relating to rate of tax on permanent use or lease of boxes or seats) is hereby amended— (A) by striking out “paragraph (1) of subsection (a)” and inserting in lieu thereof “paragraph (1) or (3) of subsection (a)”;and (B) by inserting after “per centum” the following: “(20 per centum if paragraph (3) of subsection (a) would otherwise apply)”. (3) Section 1700 (c) (relating to rate of tax on sales outside box office) is hereby amended— (A) by striking out “paragraph (1) of subsection (a)” and inserting in lieu thereof “paragraph (1) or (3) of subsection (a)”;and (B) by inserting after “per centum” the following: “(20 per centum if paragraph (3) of subsection (a) applies)”. (4) The last sentence of section 1700 (e) (1) (relating to tax on cabarets, roof gardens, etc.) is hereby amended by striking out “subsection (a) (1)” and inserting in lieu thereof “paragraph (1) or (3) of subsection (a)”. (h) Certain Athletic Games for Benefit of Hospitals For Crippled Children.—Section 1701 (a) (2) (relating to nonexempt admissions) is hereby amended by striking out “between two elementary or secondary schools” and inserting in lieu thereof the following: “between teams composed of students from elementary or secondary schools”. (i) Exemption of School or College Athletic Events.—Section 1701 (a) (2) (relating to nonexempt admissions) is hereby amended by adding at the end thereof the following new sentence: “Clauses (A) and (B) shall not apply in the case of any athletic event between educational institutions held during the regular athletic season for such event, if the proceeds therefrom inure exclusively to the benefit of such institutions.” (j) Historic Sites. Museums, and Planetariums.—Section 1701 (e) (2) (relating to exemption from admissions tax of historic sites) is hereby amended to read as follows: “(2) Historic sites, museums, and planetariums.—Any admission to an historic site, house, or shrine, to a museum of history, art, or science, to a planetarium, or to any exhibition in connection with any of the foregoing, operated— “(A) by any State or political subdivision thereof or by the United States or any agency or instrumentality thereof—if the proceeds therefrom inure exclusively to the benefit of the State, political subdivision, United States, agency, or instrumentality, or 68 Stat. 39 “(B) by any society or organization not organized for profit—if no part of the net earnings thereof inures to the benefit of any private stockholder or individual. For the purposes of subparagraph (A), the term ‘State’ includes Alaska, Hawaii, and the District of Columbia.” (k) Certain Amateur Theater Performances.—Section 1701 (relating to exemptions from the admissions tax) is hereby amended— (l) by striking out the period at the end of subsection (e) and inserting in lieu thereof “; or”; and (m) by adding at the end thereof a new subsection as follows: “(f) Certain Amateur Theater Performances.—Any admission to an amateur performance presented and performed by a civic or community theater group or organization—if no part of the net earnings thereof inures to the benefit of any private stockholder or individual.”