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Bill > S3515
NJ S3515
NJ S3515Eliminates statutory suspension required on collection of hotel and motel occupancy fee if amounts set for annual appropriations of fee revenues for cultural projects are not met.
summary
Introduced
06/26/2024
06/26/2024
In Committee
06/26/2024
06/26/2024
Crossed Over
Passed
Dead
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill eliminates the statutory suspension provision imposed on the collection of hotel and motel occupancy fees if amounts set forth in that provision setting an annual minimum level of appropriations of the fee revenues for cultural projects are not met. The bill eliminates the so-called "poison pill" provision which would require the Director of the Division of Taxation to no longer impose the fee payment or collection of the hotel and motel occupancy fee if an annual appropriations act does make the statutory minimum for cultural project appropriations from the fee revenue.
AI Summary
This bill eliminates the statutory suspension provision that would have required the Director of the Division of Taxation to stop collecting the hotel and motel occupancy fee if the annual appropriations act did not meet the statutory minimum for cultural project appropriations from the fee revenue. The bill removes the "poison pill" provision that would have triggered the suspension of the fee collection if the annual appropriations did not meet certain thresholds for cultural projects, the New Jersey Historical Commission, tourism advertising and promotion, and the New Jersey Cultural Trust.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Substituted by A4708 (on 06/28/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/S3515 |
| BillText | https://pub.njleg.gov/Bills/2024/S4000/3515_I1.HTM |
| Analysis - Statement SBA 6/26/24 | https://pub.njleg.gov/Bills/2024/S4000/3515_S1.PDF |
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