SB150 Summary

• Establishes the Alabama Tourism Tax Protection Act of 2024, requiring accommodations intermediaries (such as online booking platforms) to collect and remit transient occupancy taxes on lodging transactions effective January 1, 2025.

• Defines "room charge" as the full retail price paid by guests including all fees and charges, and requires intermediaries to separately state the tax amount on billing documentation.

• Exempts from the tax collection requirement: professional property management companies, hotels, destination marketing organizations, and accommodations providers that already collect and remit the tax directly.

• Allows accommodations intermediaries to remit collected taxes to the accommodations provider when there is an executed written agreement specifying the responsible party, with the intermediary not liable for taxes not remitted by the provider.

• Requires annual reporting to the Department of Revenue by intermediaries and providers listing physical addresses of accommodations rented for more than 14 days; the act becomes effective October 1, 2024.