Louisiana HB483 authorizes the Faubourg Marigny Security and Improvement District to levy a sales tax and hotel occupancy tax, subject to voter.
Louisiana HB483 amends the Faubourg Marigny Security and Improvement District in Orleans Parish to allow the governing authority of the city of New Orleans to levy a sales tax and a hotel occupancy tax within the district. Both taxes are capped at 2%. The sales tax applies to the sale at retail, use, lease, consumption, distribution, and storage of tangible personal property or digital products, and sales of services. The hotel occupancy tax applies to the paid occupancy of hotel rooms. The tax rates and purposes are determined by a resolution.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.