Illinois HB2700 amends the Illinois Municipal Code to require municipalities in DuPage County to use at least 50% of hotel tax revenue for tourism.
Illinois HB2700 amends the Illinois Municipal Code by changing the allocation of hotel tax revenue for municipalities in DuPage County. Specifically, it mandates that at least 50% of the collected hotel tax revenue must be used to promote tourism within the municipality. The remaining revenue can be used for economic development or capital infrastructure. This change applies to municipalities that belong to a not-for-profit organization recognized by the Department of Commerce and Economic Opportunity as a certified local tourism and convention bureau.
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