| SB 1151 | Expands purposes for which certain local tourism taxes can be used |
| Sponsor: | Kinder | |||
| LR Number: | 4666S.03T | Fiscal Note: | 4666-03 | |
| Committee: | Local Government and Economic Development | |||
| Last Action: | 06/12/02 - Signed by Acting Governor | Journal page: | ||
| Title: | SCS SB 1151 | |||
| Effective Date: | August 28, 2002 | |||
SCS/SB 1151 - This act allows cities with a population of less than one thousand five hundred inhabitants which have a tourism tax on transient guests to transfer forty percent of tourism funds into the city's general revenue fund and to transfer thirty-five percent into the capital improvements fund, pursuant to voter approval of the same. Under current law, twenty-five percent of the funds must be used for tourism marketing and promotional purposes.
This act is similar to HB 1041.
JEFF CRAVER