Bill > H2646

This bill amends Chapter 64G of the General Laws, which pertains to the room occupancy excise tax, by introducing a new definition for "Friends and Family Rate" and clarifying how it applies to taxable room rentals. Specifically, it defines "Friends and Family Rate" as rooms rented to an operator's employees, their relatives, and friends at a rate set by the operator. The bill then amends an existing section to state that rent for rooms rented under this "Friends and Family Rate" will be based exclusively on the rate determined by the operator, meaning these specific rentals will be taxed based on the operator-determined rate rather than a standard market rate.