NH SB634

Authorizes municipalities to adopt a local occupancy fee on hotel and room rentals through a legislative body vote, with proceeds funding municipal capital improvement, tourism support, or revolving funds

Sets the maximum fee at $2 per occupancy per 24-hour period, either as a flat daily charge or percentage of room price, with no fee collected on rooms priced at $40 or less per day

Limits fee collection to a maximum of 184 consecutive days per occupancy, with the specific duration to be set by the legislative body

Requires adoption through town meeting ballot vote or city legislative body vote, preceded by a public hearing held 15-30 days before the vote with proper public notice

Permits municipalities to rescind the fee through the same voting process, with existing fund balances to be used for their originally voted purposes