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 changes the condition that ends the county’s hotel occupancy tax, tying its repeal to the departure of an NBA franchise from the indoor sports facility or to June 30 2050, whichever is later. It also reallocates tax revenue after the franchise leaves, giving 61.25% to the Convention & Visitors Bureau and 38.75% to the county for permitted uses. The changes only take effect after a two‑thirds vote of the Shelby County legislative body, though the provision governing that vote becomes effective immediately upon enactment.

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