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Bill > HB0824

TN HB0824

TN HB0824
AN ACT to amend Tennessee Code Annotated, Section 7-4-202, relative to hotel occupancy taxes within metropolitan governments.

summary

Introduced
02/04/2025
In Committee
03/18/2025
Crossed Over
Passed
04/08/2025
Dead
Signed/Enacted/Adopted
04/08/2025

Introduced Session

114th General Assembly

Bill Summary

As enacted, 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 amends Tennessee law to extend the period during which Davidson County (which includes Nashville) can impose an additional $0.50 privilege tax on hotel room occupancy and allocate the resulting tax revenue for tourism promotion. Specifically, the bill changes the expiration date for this tax authority from May 21, 2020 to May 21, 2026, effectively providing a six-year extension. This extension allows the county to continue collecting the additional hotel occupancy tax and using those funds to directly support tourism promotion efforts. The bill takes effect immediately upon becoming law, which means it will provide ongoing financial support for local tourism initiatives in the Nashville metropolitan area. The extension ensures that the county can maintain its current tourism funding mechanism without interruption, potentially helping to support local tourism-related businesses and marketing efforts.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (1)

Last Action

Comp. became Pub. Ch. 120 (on 04/08/2025)
(1 Companion Bills)

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