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WV SB26
Bill
Status
Introduced
2/12/2025
Primary Sponsor
Randy Smith
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AI Summary
- Removes the previous requirement that at least 50% of hotel occupancy tax revenue be allocated to convention and visitor's bureaus for tourism promotion
- Grants municipalities and county commissions sole discretion over how to allocate hotel occupancy tax proceeds, rather than mandating specific distributions
- Allows hotels to apply for up to 75% of the tax they collected and remitted for tourism-related uses, subject to budget approval by the municipality or county
- Maintains the list of permissible expenditures including convention facilities, public parks, tourism promotion, historic sites, beautification projects, and economic development activities (capped at $200,000)
- Retains misdemeanor penalties (up to $100 fine) for governing body members who knowingly approve expenditures outside authorized purposes
Legislative Description
Authorizing proceeds and application of hotel occupancy tax to municipalities and county commissions
Taxation
Last Action
To Economic Development
2/12/2025
Committee Referrals
Economic Development2/12/2025
Full Bill Text
No bill text available