5.12.250 Payment of tax.

(A) Effective January 1, 2013, each cardroom establishment shall pay to the city, on a quarterly basis, a gross receipts tax of two and one-half percent of its quarterly gross revenues.

(B) The gross receipts tax shall increase to three percent, effective upon the earlier of either of the following dates:

(1) March 27, 2017; or

(2) One year after the city authorizes cardroom operators in the city to operate sixteen tables.

(C) The tax imposed by the gross receipts tax provisions of this chapter is in addition to any other tax, license or permit fee that may be required of any person by the American Canyon Municipal Code or any other ordinance of the city.

(D) All taxes, interest and penalties received pursuant to the gross receipts tax provisions shall be deposited in the general fund.