Ark. Code § 6-20-417 Student Awards - Definition

• Library: Arkansas Statutes
• Edition: 2023
• Currency: Current with legislation from the 2023 Regular and First Extraordinary Sessions.
• Year: 2023
• Citation: Ark. Code § 6-20-417

(a)

(1) As used in this section, "net athletic event gate receipts" means the amount remaining from fees, including charges for reserved seating, collected for admission to a school district athletic event less any expenses, including any rental fee or any leasing cost for a facility used for the athletic event, paid by the school district from those gate receipts.

(2) "Net athletic event gate receipts" does not mean any portion of admission fees charged by a school district for an athletic event held at the school district or at a facility leased or rented by the school district that is remitted or passed through to another entity outside the school district.