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GA HB850
Bill
Status
Passed
4/1/2014
Primary Sponsor
Dexter Sharper
Click for details
AI Summary
- Authorizes the City of Valdosta to levy an excise tax of up to 7% on charges for rooms, lodgings, and accommodations at hotels, motels, inns, lodges, tourist camps, cabins, campgrounds, and similar establishments
- Follows the adoption of Resolution 2013-12 by the Valdosta governing authority on December 5, 2013, which specified the tax rate, identified tourism development projects, and outlined how proceeds would be allocated
- Requires that at least 50% of tax revenue collected above the 5% base rate be spent on promoting tourism, conventions, and trade shows through the city's designated destination marketing organization or authorized contracting entity
- Directs any remaining revenue collected above the 5% base rate to be spent on tourism product development
- Repeals all conflicting laws and parts of laws
Legislative Description
Valdosta, City of; levy an excise tax
Last Action
Effective Date
4/1/2014
Full Bill Text
No bill text available