SB 526, Optional Transfer of Funds from DMO to City

Municipal Impact
Position
Support
GMA Contact
Bill Sponsor

Sen. Sonya Halpern
District 39

This bill would allow a destination marketing organization (DMO) to voluntarily return portions of unused revenue from the local hotel motel tax to the corresponding municipality. The municipality would be required to expend funds received from the DMO on tourism product development (TPD). This provision would be limited to municipalities levying the hotel motel tax pursuant to a specific authorizing paragraph.

Last Updated: 2/22/2022
Subject Area: Taxation
Resources: bill text
BILL STATUS
2/17/2022 - Assigned to Senate Committee
COMMITTEE
Senate Finance

Comment on this Bill

SB 526 In The News