Repeals the tax imposed on the sale of bingo cards

HB 48 replaces Missouri's existing tax on bingo card sales, which previously charged $10 per box of pull-tab cards. Instead, it imposes a new tax of 2% of gross receipts on all bingo cards sold within the state, collected monthly by suppliers. This directly affects businesses that manufacture, sell, or distribute bingo equipment and supplies, requiring them to pay this updated tax. The bill does not eliminate bingo-related taxes but changes their structure, while maintaining other licensing and recordkeeping requirements for suppliers.