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Bill > SB453


OR SB453

OR SB453
Relating to local transient lodging taxes.


summary

Introduced
01/13/2025
In Committee
01/17/2025
Crossed Over
Passed
Dead
06/27/2025

Introduced Session

2025 Legislative Measures

Bill Summary

The statement includes a measure digest written in compliance with applicable readability standards. Digest: The Act would require a study of the split that local transient lodging tax districts are allowed for the use of their revenues. A report will be submitted by September 15 of next year. (Flesch Readability Score: 67.6). Requires the Legislative Revenue Officer to study the 70 percent-30 percent division between the permissible uses of new and increased local transient lodging tax revenues. Directs the officer to submit a report to the interim committees of the Legislative Assembly related to revenue no later than September 15, 2026. Sunsets on January 2, 2027.

AI Summary

This bill requires the Legislative Revenue Officer to conduct a study examining the current 70-30 percent split in how local transient lodging tax revenues can be used. Transient lodging taxes are fees charged to travelers staying in hotels, motels, and other short-term rental accommodations. Specifically, the bill mandates that the officer analyze the adequacy of how these tax revenues are currently divided between different permitted uses, with 70 percent allocated to one purpose and 30 percent to another. The officer must submit a detailed report of their findings to the interim legislative committees focused on revenue by September 15, 2026. The bill includes a sunset provision, meaning the study requirement will automatically be repealed on January 2, 2027, effectively making this a time-limited research directive to assess the current local tax revenue allocation strategy.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

In committee upon adjournment. (on 06/27/2025)

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