1 (844) 589-9732

Texas Combative Sports Bond for Gross Tax Receipts

The $15,000 Texas combative sports promoter bond for gross tax receipts if offered, upon approval of your credit, for $150 annually. Please call AmeriPro Surety Bonds at 844-589-9732.

Texas Combative Sports Bond for Gross Tax Receipts |

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Licensing of TX Combative Sports Promoters

 

 

 

Texas sports promoters – and this includes those who are promoters of amateur sports — are required to furnish a $15,000 sports promoter bond for tax receipts.

The formal title of this bond is the Texas Combative Sports Promoter Bond for Gross Tax Receipts. Its purpose is just as it sounds:

According to the Texas Occupation Code 2052.151, sports promoters are required, within 3 business days after the end of an event (whether or not it is televised), to provide information on the tickets sold.

This includes the number of the tickets; the price charged for the tickets (including television broadcasting); and the remittance of the taxes owed.

Your bond serves as a financial guarantee for Texas that you’ll be in compliance with these requirements.

 

 

 

Qualifying and the Premium

 

 

 

Qualifying for the $15,000 Texas combative sports bond for gross tax receipts includes completing a short surety bond application, and undergoing an underwriter review of the application. We’ll begin the application with you over the phone.

This review includes a credit check inquiry.

Good credit is required for approval, and the rate is $150 annually.

Upon approval of your application, and payment of the premium, our agency issues your bond to you immediately.

It is the original surety bond, along with a Power of Attorney, that you file after signing as Prinicpal.

You’ll file all completed and signed documents to:

Texas Department of Licensing and Regulation (TDLR)

Compliance Division/COMBATIVE SPORTS PROGRAM

P.O. Box 12157

Austin, TX 78711

512-463-1010, 800-803-9202

 

 

 

Premium Prepayment Options

 

 

 

Your surety bond is issued for a standard one year term, renewing on the anniversary of its issuance. Our agency gives you the opportunity to prepay your premium up to 3 years.

Prepayment of your premium offers you a savings over annual renewals.

The premium prepayment option and savings are as follows:

  • If prepaid for 2 years, the premium is $270, a $30 savings;
  • If prepaid for 3 years, the premium is $390, a $60 savings.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, and probate surety bonds in Texas and all 50 states.

Please call our agency today at:

 

844-589-9732

 

Or, you may fill out the form below and a Surety Agent will call you…

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AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

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Office: 1 (844) 589-9732

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Monday – Friday 6 am to 5 pm (PST)