(a) A tax is imposed on a person who:
(1) conducts a combative sports event in which a fee is charged for admission to the event; or
(2) exhibits in this state a simultaneous telecast of a live, spontaneous, or current combative sports event on a closed circuit telecast, in which a fee is charged for admission to the telecast.
(b) The tax is three percent of the gross receipts obtained from the sale of tickets to the event, plus three percent of gross receipts received from sales of broadcast rights or $30,000, whichever is less.
Official text of the Texas Occupations Code as published by the Texas Legislative Council.