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IN HB1566
Bill
Status
1/17/2019
Primary Sponsor
Karen Engleman
Click for details
AI Summary
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Increases the innkeeper's tax rate in Clark County and Floyd County from 4% to 6% on gross retail income from lodging
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Requires the Department of State Revenue to provide monthly summary data on innkeeper's tax and food and beverage tax collections to county auditors, treasurers, and relevant fiscal officers, including a list of business names and addresses that remitted taxes
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Authorizes the Department of State Revenue or county treasurers to enter agreements with fiscal officers of entities responsible for spending innkeeper's tax funds, providing monthly details on collecting businesses and amounts collected
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Mandates that all such information-sharing agreements include nondisclosure provisions prohibiting divulgence of business names, addresses, tax amounts, or other disclosed information except by judicial order
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Effective date: July 1, 2019
Legislative Description
Innkeeper's tax. Provides that the department of state revenue (DOR) or a county treasurer may enter into an agreement with the fiscal officer of an entity responsible for the expenditure of funds from an innkeeper's tax to furnish the fiscal officer each month with the name and retail address of each business collecting an innkeeper's tax and the amount of money collected from each business. Provides that the agreement must include a nondisclosure provision. Provides that the DOR may release information concerning an innkeeper's tax or a food and beverage tax under certain circumstances. Increases the Clark County and Floyd County innkeeper's taxes from 4% to 6%. Provides that each month the DOR shall provide summary data regarding innkeeper's tax collections and food and beverage tax collections to county auditors, county treasurers, and fiscal officers of political subdivisions in the case of a tax imposed by a political subdivision that is not a county.
Last Action
First reading: referred to Committee on Ways and Means
1/17/2019