GA HB1470

Authorizes the governing authority of Henry County, Georgia, to levy an excise tax of up to 8 percent on charges for hotel, motel, inn, lodge, campground, and other short-term lodging accommodations within the county's special district

Enacted pursuant to subsection (b) of Code Section 48-13-51 of the O.C.G.A. and follows the prior adoption of Resolution 52 by the Henry County governing authority, which specifies the tax rate, eligible projects, and allocation of proceeds

At least 50 percent of tax revenue collected above the 5 percent base rate must be spent on promoting tourism, conventions, and trade shows through the designated destination marketing organization or an authorized contracting entity

The remaining revenue collected above the 5 percent threshold that is not used for tourism promotion must be allocated to tourism product development

Applies to any person or entity licensed by or required to pay business or occupation taxes to Henry County for operating lodging establishments that regularly or periodically furnish accommodations for value