LD283

Expands local revenues by including meals and lodging sales tax revenue under the state-municipal revenue sharing program.

This bill creates an additional revenue-sharing resource for municipalities by establishing the Local Government Hospitality Fund. It allocates 1% of meals and lodging sales tax revenue to this fund, which is then distributed to municipalities in proportion to the amount of meals and lodging tax collected. The fund aims to support municipalities that support the state's meals and lodging industries.