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GA SB431
Bill
Status
Passed
4/26/2016
Primary Sponsor
Bruce Thompson
Click for details
AI Summary
- Authorizes the City of Cartersville to levy an excise tax of up to 8 percent on charges for hotel rooms, lodgings, and accommodations furnished by hotels, motels, inns, lodges, tourist camps, cabins, campgrounds, and similar establishments
- Follows the adoption of Resolution No. 03-16 by the City of Cartersville governing authority on February 4, 2016, which specified the tax rate, identified tourism projects, and outlined the allocation of proceeds
- Requires that at least 50 percent of tax revenues collected above the 5 percent base rate be spent on promoting tourism, conventions, and trade shows through the city's designated destination marketing organization
- Directs the remaining excess tax revenues above the 5 percent threshold to be spent on tourism product development
Legislative Description
Cartersville, City of; authorize the governing authority; levy an excise tax; procedures, conditions, and limitations
Last Action
Effective Date
4/26/2016
Full Bill Text
No bill text available