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IN HB1554
Bill
Status
1/23/2017
Primary Sponsor
Michael Karickhoff
Click for details
AI Summary
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Current Howard County innkeeper's tax law expires July 1, 2017, and is reorganized under new statute IC 6-9-16.5.
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County fiscal body may impose an innkeeper's tax of up to 8% on gross retail income from lodging rentals of less than 30 days, applied to hotels, motels, inns, tourist cabins, college/university facilities, and boat motels.
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County executive must establish a county convention, visitor, and tourism commission with an odd number of members, a simple majority engaged in convention/visitor/tourism business, and at least two members from the lodging industry if available.
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Tax revenue is deposited monthly into three funds: convention and visitor promotion fund (for promotion and visitor expenses), tourism capital improvement fund (for capital improvements and debt service), and attractions fund (for convention center and tourism attraction operations).
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Commission members and recipients of fund transfers who knowingly violate permitted uses or transfer funds to unqualified persons/entities commit a Level 6 felony.
Legislative Description
Howard County innkeeper's tax. Provides that the current Howard County innkeeper's tax law expires July 1, 2017, and reorganizes the administration of the Howard County innkeeper's tax under a new statute. Allows the county fiscal body to impose an innkeeper's tax of not more than 8%. Authorizes the establishment of a county convention, visitor, and tourism commission. Specifies the powers and duties of the commission. Provides for the deposit of innkeeper's taxes in a convention and visitor promotion fund, a tourism capital improvement fund, and an attractions fund. Specifies the permitted uses of money deposited in the funds.
Last Action
First reading: referred to Committee on Ways and Means
1/23/2017