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GA HB921
Bill
Status
Passed
4/22/2024
Primary Sponsor
Rhonda Burnough
Click for details
AI Summary
- Authorizes the City of Forest Park to levy an excise tax of up to 8% on charges for hotel, motel, inn, lodge, tourist camp, tourist cabin, campground, and other short-term lodging accommodations
- Follows a resolution adopted by the Forest Park governing authority on September 5, 2023, 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% base rate be spent on promoting tourism, conventions, and trade shows through the city's designated destination marketing organization or an authorized entity under existing contract
- Directs remaining revenue collected above the 5% base rate to be spent on tourism product development
- Applies to any person or legal entity licensed by or required to pay business or occupation taxes to the City of Forest Park for operating lodging establishments
Legislative Description
Forest Park, City of; levy an excise tax
Last Action
Act 435
4/22/2024
Committee Referrals
State and Local Governmental Operations1/26/2024
Intragovernmental Coordination1/12/2024
Full Bill Text
No bill text available