Massachusetts H3796 establishes a Tourism Revenue Preservation Fund for Yarmouth, excluding short-term rental taxes.
Massachusetts H3796 creates a Tourism Revenue Preservation Fund for the town of Yarmouth, excluding taxes from short-term rentals. The fund will receive a portion of the total local room change. This fund aims to preserve tourism revenue for the town, as specified in the bill. The act amends existing laws to establish this fund and takes effect upon passage.
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