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GA HB943
Bill
Status
Passed
6/30/2020
Primary Sponsor
Emory Dunahoo
Click for details
AI Summary
- Authorizes the City of Oakwood to levy an excise tax of up to 8% on charges for hotel, motel, inn, lodge, tourist camp, campground, and other short-term lodging accommodations
- Follows the city's adoption of Resolution No. 2020-01-03 on January 13, 2020, which specified the tax rate, identified tourism 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 an authorized tourism fund administrator
- Directs remaining revenue collected above the 5% base rate to be spent on tourism product development
- Applies to any person or entity licensed by or required to pay business or occupation taxes to the City of Oakwood for operating lodging establishments
Legislative Description
Oakwood, City of; levy an excise tax
Last Action
Effective Date
6/30/2020
Full Bill Text
No bill text available