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GA HB921

Bill

Official Source

Status

Passed

5/3/2018

Primary Sponsor

Eddie Lumsden

Click for details

Origin

House of Representatives

2017-2018 Regular Session

AI Summary

  • Authorizes the City of Cave Spring to levy an excise tax of up to 8 percent on charges for rooms, lodgings, and accommodations at hotels, motels, inns, lodges, tourist camps, cabins, campgrounds, and similar establishments
  • Follows the adoption of Resolution No. R 2018-1 by the Cave Spring governing authority on January 30, 2018, which specified the tax rate, identified tourism development projects, and outlined the allocation of proceeds
  • Requires that at least 50 percent of tax revenue 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 revenue collected above the 5 percent threshold to be spent on tourism product development

Legislative Description

Cave Spring, City of; levy an excise tax

Last Action

Effective Date

5/3/2018

Full Bill Text

No bill text available