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Bill > HB0589


TN HB0589

TN HB0589
As enacted, authorizes Memphis to levy the occupancy tax by one or more ordinances, in an amount not to exceed an aggregate of 5 percent of the consideration charged. - Amends TCA Title 67, Chapter 4, Part 14.


summary

Introduced
02/07/2017
In Committee
03/14/2017
Crossed Over
03/21/2017
Passed
04/25/2017
Dead
Signed/Enacted/Adopted
05/19/2017

Introduced Session

110th General Assembly

Bill Summary

As enacted, authorizes Memphis to levy the occupancy tax by one or more ordinances, in an amount not to exceed an aggregate of 5 percent of the consideration charged. - Amends TCA Title 67, Chapter 4, Part 14.

AI Summary

This bill authorizes the city of Memphis, which has a population of more than 610,000 as of the 2010 census, to levy a privilege tax of up to 5 percent of the consideration charged on the occupancy of hotels by transients. This is an amendment to Tennessee Code Annotated, Title 67, Chapter 4, Part 14, which generally governs the imposition of local occupancy taxes.

Committee Categories

Government Affairs

Sponsors (4)

Last Action

Pub. Ch. 291 (on 05/19/2017)

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