§ 20-354 Statement of receipts, expenses; additional license fees.
AC § 20-354
a. Within fifteen days after the conclusion of the conducting of any game of bingo, the authorized organization which conducted the same, and its members who were in charge thereof, and when applicable the authorized organization which rented its premises therefor, shall each furnish to the commissioner a duly verified statement showing the amount of the gross receipts derived therefrom and each item of expense incurred, or paid, and each item of expenditure made or to be made, the name and address of each person to whom each such item has been paid, or is to be paid, with a detailed description of the merchandise purchased or the services rendered therefor, the net proceeds derived from such game or rental, as the case may be, and the use to which such proceeds have been or are to be applied and a list of prizes offered and given, with the respective values thereof, and it shall be the duty of each licensee to maintain and keep such books and records as may be necessary to substantiate the particulars of each such statement. b. Upon the filing of such statement of receipts, the authorized organization furnishing the same shall pay to the commissioner as and for an additional license fee a sum based upon the reported net proceeds, if any, for the occasion covered by such statement and determined in accordance with such schedule as shall be established from time to time by the department to defray the cost of administering the provisions of this subchapter, article fourteen-H of the general municipal law and article nineteen-B of the executive law.
