HB1844 - Tennessee: Davidson County, Metropolitan Government, Nashville, Taxes, Hotel Motel

Companion Bill SB1119. Taxes, Hotel Motel - Authorizes Nashville Metro council by ordinance to impose an additional $2.00 tourist accommodation tax on transients in Davidson County to be deposited in "The Convention Center Fund" for a new convention center; repeals such tax if bonded indebtedness is paid in full. - Amends TCA Title 7, Chapter 4. Fiscal Summary for HB1844 / *SB1119 Increase Local Govt. Revenues - Exceeds $10,900,000/Permissive Increase Local Govt. Expenditures - Not Significant/Permissive Bill Summary for HB1844 / *SB1119 Under present law: (1) A privilege tax is imposed upon the privilege of occupancy in any hotel of each transient in an amount not to exceed 3 percent of the consideration charged by the operator; (2) In Davidson County there is authorized an additional hotel tax in an [...]

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