Lodging tax-statewide imposition. |
09LSO-0556.L1 |
FISCAL NOTE
|
FY 2010 |
FY 2011 |
FY 2012 |
NON-ADMINISTRATIVE IMPACT |
|
|
|
Anticipated Revenue Increase: |
|
|
|
LOCAL SOURCES FUND |
11,248,700 |
11,945,100 |
12,066,300 |
Source of revenue increase:
Imposition of statewide lodging tax and repeal of the local option lodging taxes
Assumptions:
The revenue increase in the table above reflects only the additional revenue that would be collected from imposing the statewide lodging tax over what is currently collected by the local governments. The above estimates are adjusted for inflation using the January 2009 CREG estimates.
This bill also repeals the lodging exemption for guides and outfitters. The fiscal impact of the repeal of the lodging exemption for guides and outfitters is indeterminable.
Prepared by: Dan Noble, Dept. of Revenue Phone: 777-5220