563.80(1)

(1) An occupational tax is imposed on those gross receipts of any licensed organization which are derived from the conduct of bingo, in the following amounts:

563.80(1)(a)

(a) One percent of the first $30,000 in gross receipts received by a licensed organization during a year.

563.80(1)(b)

(b) Two percent of the gross receipts received by a licensed organization during a year that exceed $30,000.

563.80(2m)

(2m) All moneys received under sub. (1) shall be credited to the appropriation account under § 20.505 (8)(jm).