Modifies provisions relating to certain tourism tax proceeds
Re-referred to Committee: Local Government(H)
Summary
The bill creates a Tourism Tax Trust Fund and directs 75% of collected tourism taxes to an Infrastructure Account for building and maintaining tourism‑related facilities, with a portion redirected to a Debt Retirement Account when bonds exist. The remaining 25% would go to a Tourism Promotion Account for marketing. Municipalities could only impose these taxes after voters approve the tax and any related bond measures.
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