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GA HB1067
Bill
Status
Engrossed
2/1/2024
Primary Sponsor
Eddie Lumsden
Click for details
AI Summary
- Authorizes the Town of Trion to levy an excise tax of up to 8% on charges for rooms, lodgings, and accommodations at hotels, motels, inns, lodges, tourist camps, cabins, campgrounds, and similar establishments
- Follows a resolution adopted by the Town of Trion's governing authority on January 23, 2024, specifying the tax rate, eligible projects, tourism product development purposes, and allocation of proceeds
- Requires that at least 50% of tax revenue collected above the 5% rate threshold be spent on promoting tourism, conventions, and trade shows through the town's designated destination marketing organization or authorized tourism entity
- Directs the remaining revenue collected above the 5% rate threshold to be spent on tourism product development
Legislative Description
Trion, Town of; levy an excise tax
Last Action
Senate Read Second Time
3/21/2024
Committee Referrals
State and Local Governmental Operations2/6/2024
Intragovernmental Coordination1/30/2024
Full Bill Text
No bill text available