SB1246 Summary

• Amends the Hotel Operators' Occupation Tax Act to exempt gross rental receipts from rooms rented to entities chartered by the United States Congress for disaster relief purposes, effective July 1, 2023.

• Exemption applies only when the entity possesses an active Exemption Identification Number issued by the Department of Revenue and the room rental furthers the exempt organization's disaster relief purposes.

• The exemption is permanent and not subject to sunset provisions under Section 3-5 of the Hotel Operators' Occupation Tax Act.

• Takes effect immediately upon becoming law.