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Bill > SB0023
TN SB0023
TN SB0023AN ACT to amend Tennessee Code Annotated, Section 7-4-202, relative to hotel occupancy taxes within metropolitan governments.
summary
Introduced
01/02/2025
01/02/2025
In Committee
Crossed Over
Passed
Dead
Introduced Session
114th General Assembly
Bill Summary
As introduced, extends by six years the period in which Davidson County may charge an additional $0.50 privilege tax on the occupancy of a hotel room and in which such county may allocate the tax revenue for the purposes of direct promotion of tourism; extends by six years the terms of the committee members that oversee the fund in which the additional tax is deposited. - Amends TCA Section 7-4-202.
AI Summary
This bill extends the period during which Davidson County (which includes Nashville) may charge an additional $0.50 privilege tax on hotel room occupancy and allocate the tax revenue for tourism promotion. Specifically, the bill amends Tennessee Code Annotated, Section 7-4-202 by changing the expiration date from May 21, 2020 to May 21, 2026, effectively extending the current authorization for six more years. A "privilege tax" is a type of tax levied for the privilege of engaging in a specific business activity, in this case, renting hotel rooms. By extending the date, the bill allows Davidson County to continue collecting this additional tax and using the funds to directly support tourism marketing and promotion for an additional six-year period. The bill would take effect immediately upon becoming law, as stated in Section 2 of the document.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Withdrawn. (on 01/07/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0023&ga=114 |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/SB0023.pdf |
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