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Bill > A646


NJ A646

NJ A646
Allocates all revenue from hotel and motel occupancy fee for arts, historical heritage, and tourism purposes.


summary

Introduced
01/11/2022
In Committee
01/11/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

This bill increases the allocation of revenues from the hotel and motel occupancy fee towards arts, historical heritage, and tourism purposes from 40 percent to 100 percent. Under current law, the allocation of 40 percent of hotel and motel occupancy fee revenue is as follows: 1) 22.68 percent to the New Jersey State Council on the Arts for cultural projects as long as the actual dollar amount allocated is at least $31.9 million; 2) 3.84 percent to the New Jersey Historical commission for historical heritage purposes, as long as at least $5.5 million is allocated; 3) 12.76 percent to the Division of Travel and Tourism in the Department of State for tourism as long as at least $17.6 million is allocated; and 4) 0.72 percent to the New Jersey Cultural Trust as long as the amount is not less than $720,000. Under this bill, 100 percent of the hotel and motel occupancy fee revenues would allocated as follows: 1) 56.7 percent would go to the New Jersey State Council on the Arts for cultural projects as long as the actual dollar amount allocated is at least $31.9 million; 2) 9.6 percent would go to the New Jersey Historical commission for historical heritage purposes, as long as at least $5.5 million is allocated; 3) 31.9 percent would go to the Division of Travel and Tourism in the Department of State for tourism as long as at least $17.6 million is allocated; and 4) 1.8 percent would go to the New Jersey Cultural Trust as long as the amount is not less than $720,000.

AI Summary

This bill increases the allocation of revenues from the hotel and motel occupancy fee towards arts, historical heritage, and tourism purposes from 40 percent to 100 percent. Currently, the hotel and motel occupancy fee revenue is allocated as follows: 22.68 percent to the New Jersey State Council on the Arts for cultural projects, 3.84 percent to the New Jersey Historical Commission for historical heritage purposes, 12.76 percent to the Division of Travel and Tourism for tourism, and 0.72 percent to the New Jersey Cultural Trust. Under this bill, the allocation would be increased to 56.7 percent for the New Jersey State Council on the Arts, 9.6 percent for the New Jersey Historical Commission, 31.9 percent for the Division of Travel and Tourism, and 1.8 percent for the New Jersey Cultural Trust, with minimum dollar amount allocations for each purpose.

Committee Categories

Transportation and Infrastructure

Sponsors (4)

Last Action

Introduced, Referred to Assembly Transportation and Independent Authorities Committee (on 01/11/2022)

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