HB3926 - Tennessee - Taxes, Hotel Motel

Companion Bill SB3775. Taxes, Hotel Motel - Increases maximum amount of additional hotel occupancy tax Davidson County authorized to impose from $2.00 to $2.50; revenues received from any increase over $2.00 to be placed in an event and marketing fund to be attached to a convention and visitors bureau; authorization to expire six years from act's effective date. - Amends TCA Title 7, Chapter 4. Fiscal Summary for HB3926 / *SB3775 Decrease Local Govt. Revenue - $10,000 Bill Summary for HB3926 / *SB3775 ON MAY 6, 2008, THE HOUSE ADOPTED AMENDMENT #1 AND PASSED HOUSE BILL 3926, AS AMENDED. AMENDMENT #1 rewrites this bill. Under present law, in addition to any other tax or fee imposed on the occupancy of a hotel room, Nashville/Davidson County is authorized to levy an $2.00 privilege tax upon the occupancy of each hotel room within the [...]

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