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