Bill > HB2119

This bill, by amending Tennessee Code Annotated Section 67-4-1403(c)(1), shortens the timeframe for cities that collect a tax on hotel stays, often referred to as a "occupancy tax," to report their spending on tourism and tourism development. Previously, these cities had 90 days after the end of their fiscal year to submit this report to the department of tourist development, detailing how the collected funds were used for tourism initiatives; this bill reduces that reporting deadline to 60 days after the fiscal year ends, aiming for more timely accountability and transparency in how tourism revenue is utilized.