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GA HB972
Bill
Status
Engrossed
1/29/2024
Primary Sponsor
Mitchell Horner
Click for details
AI Summary
- Authorizes the City of Fort Oglethorpe to levy an excise tax of up to 8% on charges for hotel, motel, inn, lodge, campground, and other short-term lodging accommodations
- Follows the adoption of Resolution No. 2023-05 by the Fort Oglethorpe governing authority on December 11, 2023, which specified the tax rate, eligible projects, 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
- Directs remaining revenue collected above the 5% base rate to be spent on tourism product development
- Sponsored by Representatives Horner (3rd), Cameron (1st), and Tarvin (2nd)
Legislative Description
Fort Oglethorpe, City of; levy an excise tax
Last Action
Senate Withdrawn & Recommitted
3/20/2024
Committee Referrals
State and Local Governmental Operations1/30/2024
Intragovernmental Coordination1/23/2024
Full Bill Text
No bill text available