HB5934 Summary

• Amends the Illinois Promotion Act to require that one-third of monies deposited in the Tourism Promotion Fund be used solely for advertising to promote tourism.

• Removes provisions requiring 8% and 13% of net revenue from the Hotel Operators' Occupation Tax to be deposited into the Tourism Promotion Fund.

• Beginning July 1, 2014, requires 21% of net revenue realized from the Hotel Operators' Occupation Tax during the preceding month to be deposited to the Tourism Promotion Fund for purposes authorized in the Illinois Promotion Act.

• Advertising funded through the Tourism Promotion Fund shall not employ additional staff, finance individual events, or lease/rent/purchase physical facilities, and media production cannot reference public officers.

• Takes effect immediately upon becoming law.