Shelby County - Subject to local approval, changes the conditions under which the occupancy tax will no longer be levied; changes the allocation of the revenue from the occupancy tax if the tenant of the indoor sports facility no longer occupies such facility. - Amends Chapter 131 of the Private Acts of 1969; as amended.

Summary

The bill updates the Shelby County hotel occupancy (privilege) tax by tying its repeal to the departure of an NBA team from the indoor sports facility, extending the tax’s end date to June 30, 2050 unless that occurs earlier. It also changes the tax‑revenue split to 61.25% for the Convention and Visitors Bureau and 38.75% for the county when the NBA tenant leaves. The changes only take effect after a two‑thirds vote of the Shelby County legislative body.

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