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CT HB06119
Bill
Status
1/29/2021
Primary Sponsor
Commerce Committee
Click for details
AI Summary
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Increases the deposit to the Arts, Culture and Tourism Fund from 10% to 25% of hotel/lodging occupancy tax revenue for calendar quarters from September 30, 2021 through September 30, 2022, then returns to 10% thereafter
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Establishes the Arts, Culture and Tourism Fund as a separate, nonlapsing fund to contain moneys required by law to be deposited
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Maintains existing tax rates including 15% on hotel occupancy and 11% on bed and breakfast occupancy for stays up to 30 consecutive days
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Amends sections 12-408 and 12-411 of the general statutes regarding sales and use tax allocation, effective July 1, 2021
Legislative Description
An Act Concerning Arts, Culture And Tourism Funding.
Last Action
Referred by House to Committee on Finance, Revenue and Bonding
4/26/2021