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GA SB477

Bill

Official Source

Status

Passed

5/8/2018

Primary Sponsor

Elena Parent

Click for details

Origin

Senate

2017-2018 Regular Session

AI Summary

  • Authorizes the City of Decatur 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 a resolution adopted by the City of Decatur's governing authority on February 5, 2018, specifying the tax rate, eligible projects, tourism product development purposes, and 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 any remaining revenue collected above the 5 percent base rate to be spent on tourism product development
  • Supersedes any prior ordinances adopted by the City of Decatur under paragraph (3) of subsection (a) of Code Section 48-13-51 of the O.C.G.A.

Legislative Description

City of Decatur; levy an excise tax pursuant to subsection (b) of Code Section 48-13-51 of the O.C.G.A; authorize the governing authority

Last Action

Act 532

5/8/2018

Full Bill Text

No bill text available