Relating to local transient lodging tax revenue; prescribing an effective date.
Catchline/Summary:
Provides that certain small cities that imposed grandfathered local transient lodging tax may use net revenue from newly imposed or increased local transient lodging tax in same percentages and for same purposes as net revenue from grandfathered local transient lodging tax. Provides that certain small cities that imposed grandfathered local transient lodging tax may use net revenue from newly imposed or increased local transient lodging tax in same percentages and for same purposes as net revenue from grandfathered local transient lodging tax.
Takes effect on 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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SB 457 Senate Committee On Finance and Revenue
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