Provide Municipalities Additional Sales Tax Revenue from Lodging Sales

Last updated: Mar 10, 2020

Details about this bill
Category: Taxation
Status: In House
Sponsor: Representative Maureen Terry, House 26
Session: 129
Bill #: LD 609

Position:

Monitoring.

UPDATE: This bill has been amended to increased the lodging tax from 9% to 10%.

Summary:

This bill provides an incremental sales tax of 1% for those sales currently subject to the 9% sales tax on lodging. The incremental revenue, after reduction for administrative costs, is returned to the municipality or unorganized territory to which the revenue is attributable. The amount received may not be used to reduce any other state aid or revenue sharing to municipalities or the unorganized territory.