IL boxing tax bonds.
$275. Five minutes.

A licensed boxing or full-contact martial arts promoter in Illinois files a $5,000 bond conditioned on paying the tax imposed by the Act and complying with it. 3% of $5,000 is $150, so our $275 minimum applies. This is one of two bonds promoters usually carry; the other is the $10,000 performance bond.

Required for an IL boxing / FCMA promoter license through the IDFPR
Conditioned on payment of the tax imposed by the Act and compliance with it
Fixed amount, fixed price — $5,000 bond, $275 flat minimum, no quote process
A-ratedA.M. Best carriersFastoften same purchase1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

Promoter bonds are simple — here's the entire process:

NOW · 5 MINUTES

Apply online

Business details and an effective date. No financials, no credit check section, no follow-up scavenger hunt.

MINUTES, USUALLY

Pay & e-sign

Fixed-amount license bonds like this are among the thousands that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with your license

Your executed bond and power of attorney arrive by email, ready to file with your IDFPR promoter license application or renewal. Wet-ink original mailed on request.

The whole pricing page.

$5,000 bond × 3% = $150, which is below our $275 minimum, so the price is $275 per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$275
2-year term
$550
3-year term
$825
About this bond

What it is and who needs it.

What the bond actually guarantees

Illinois licenses boxing and full-contact martial arts promoters through the Department of Financial and Professional Regulation, advised by the State Athletic Board, under the Boxing and Full-contact Martial Arts Act (225 ILCS 105). Promoters typically post two bonds — a $5,000 tax bond and a $10,000 performance bond.

This is the $5,000 tax bond. It is payable to the Department and conditioned on payment of the tax imposed by the Act and compliance with it — Illinois taxes gross receipts of sanctioned contests, and the bond guarantees the promoter remits what is owed.

It is not insurance for you. If the surety pays a claim — for example, unremitted tax — you repay the surety. Promoters who file and pay on time treat the bond as a licensing formality, and we keep the $5,000 filing continuous for your term.

225 ILCS 105 (Boxing and Full-contact Martial Arts Act)Under the Illinois Boxing and Full-contact Martial Arts Act (225 ILCS 105), administered by the Department of Financial and Professional Regulation with the State Athletic Board, a promoter posts a bond of no less than $5,000, payable to the Department and conditioned on payment of the tax imposed by the Act and compliance with it — in addition to a $10,000 performance bond. Confirm both requirements with the IDFPR.

You need this bond if you're

Applying for an IL promoter license for boxing or full-contact martial arts
Renewing a promoter license whose tax bond is expiring
Promoting taxable contests on which the Act imposes a gross-receipts tax
A new promoter filing both the tax and performance bonds together

Five minutes. The whole thing.

These are the actual issuing fields — no credit check section, because this bond doesn't have one.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Illinois boxing $5,000 bond? +
The premium is $275 — our flat minimum. 3% of a $5,000 bond is $150, which falls below the $275 minimum we charge on small bonds, so $275 is the price. The bond amount itself is set by the Act.
Is this the only bond I need? +
Usually not. Promoters typically carry two bonds: this $5,000 tax bond and a separate $10,000 performance bond. We write both — many promoters buy them together.
Do I pay the $5,000? +
No. You pay $275. The $5,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
Is there a credit check? +
Not on this bond — the application has no credit section at all. Small fixed-amount license bonds like this one don't need one.
How fast will I have it? +
Fixed-amount license bonds like this are among the thousands that issue right after purchase — many promoters finish the application and have the bond in the same sitting. At most, 1–2 business days.
Related bonds

Other New York bonds.

Finish your promoter license checklist today.

$275 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$275
Apply now →