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SB 770 - This act authorizes the City of Springfield to submit to the voters a transient guest tax not to exceed 7.5% of the charges per occupied room per night. Such tax shall be used solely for capital investments that can be demonstrated to increase the number of overnight visitors. Upon approval by the voters, the city may adopt rules and regulations for the internal collection of the tax, or may enter into an agreement with the Department of Revenue for the collection of the tax. This act is identical to SB 387 (2019), HB 1073 (2019), and to a provision contained in SS/SCS/SBs 46 & 50 (2019), SCS/HCS/HB 674 (2019), and SCS/HB 761 (2019), and is substantially similar to HB 1700 (2020). JOSH NORBERG
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