2015 -- H 5333 | |
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LC001005 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2015 | |
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A N A C T | |
RELATING TO STATE AFFAIRS AND GOVERNMENT - TOURISM AND | |
DEVELOPMENT -- DISTRIBUTION OF HOTEL TAX FOR THE CITY OF NEWPORT | |
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Introduced By: Representative Lauren H. Carson | |
Date Introduced: February 05, 2015 | |
Referred To: House Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 42-63.1-3 of the General Laws in Chapter 42-63.1 entitled |
2 | "Tourism and Development" is hereby amended to read as follows: |
3 | 42-63.1-3. Distribution of tax. -- Except as provided in § 42-63.1-12, the proceeds of the |
4 | hotel tax shall be distributed as follows by the division of taxation and the city of Newport: |
5 | (1) Forty-seven percent (47%) of the tax generated by the hotels in the district, except as |
6 | otherwise provided in this chapter, shall be given to the regional tourism district wherein the hotel |
7 | is located; provided, however, that from the tax generated by the hotels in the city of Warwick, |
8 | thirty-one percent (31%) of the tax shall be given to the Warwick regional tourism district |
9 | established in § 42-63.1-5(a)(5) and sixteen percent (16%) of the tax shall be given to the Greater |
10 | Providence-Warwick Convention and Visitors' Bureau established in § 42-63.1-11; and provided |
11 | further, that from the tax generated by the hotels in the city of Providence, sixteen percent (16%) |
12 | of that tax shall be given to the Greater Providence-Warwick Convention and Visitors' Bureau |
13 | established by § 42-63.1-11, and thirty-one percent (31%) of that tax shall be given to the |
14 | Convention Authority of the city of Providence established pursuant to the provisions of chapter |
15 | 84 of the public laws of January, 1980; provided, however, that the receipts attributable to the |
16 | district as defined in § 42-63.1-5(a)(7) shall be deposited as general revenues; |
17 | (2) Twenty-five percent (25%) of the hotel tax shall be given to the city or town where |
18 | the hotel, which generated the tax, is physically located, to be used for whatever purpose the city |
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1 | or town decides.; provided that, for the city of Newport, thirty-two percent (32%) of the hotel tax |
2 | shall be given to the city of Newport, to be used for whatever purpose the city of Newport |
3 | decides; |
4 | (3) Twenty-one (21%) of the hotel tax shall be deposited as general revenues; and seven |
5 | percent (7%) to the Greater Providence-Warwick Convention and Visitors' Bureau., except for |
6 | the tax generated by the hotels in the city of Newport which shall be allocated as provided in |
7 | subsection (2) above. |
8 | SECTION 2. This act shall take effect upon passage. |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO STATE AFFAIRS AND GOVERNMENT - TOURISM AND | |
DEVELOPMENT -- DISTRIBUTION OF HOTEL TAX FOR THE CITY OF NEWPORT | |
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1 | This act would increase the city of Newport's share of the hotels tax revenue generated by |
2 | hotels located in the city of Newport. |
3 | This act would take effect upon passage. |
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