Oregon SB1562 modifies local transient lodging tax rules, allowing broader use of tax revenue and requiring biennial reporting.

Oregon SB1562 amends local transient lodging tax regulations, allowing cities and counties to use tax revenue for city or county services provided by special districts. It changes the allowable use of tax revenue from at least 70 percent for tourism-related expenses and no more than 30 percent for city or county services, to at least 40 percent and no more than 60 percent. The bill also mandates that local governments file biennial reports with the Department of Revenue starting in 2027, detailing the use of transient lodging tax revenue.

Oregon SB1562 modifies local transient lodging tax rules, allowing broader use of tax revenue and requiring biennial reporting.

Oregon SB1562 amends local transient lodging tax regulations, allowing cities and counties to use tax revenue for city or county services provided by special districts. It changes the allowable use of tax revenue from at least 70 percent for tourism-related expenses and no more than 30 percent for city or county services, to at least 40 percent and no more than 60 percent. The bill also mandates that local governments file biennial reports with the Department of Revenue starting in 2027, detailing the use of transient lodging tax revenue.