Section 807. Amount of tax; liability on failure to collect

Any local law
  adopted pursuant to section eight hundred  six  of  this  chapter  shall
  require  every  corporation  or association holding a running horse race
  meeting to collect in addition to the admission price of tickets sold or
  otherwise disposed of to patrons for admission, for  each  such  meeting
  held  by such corporation or association, a tax not in excess of fifteen
  per centum of such admission price. In case of failure to  collect  such
  tax  the  same  shall  be  imposed  upon  the corporation or association
  holding such meeting.