Rhode Island H7467 removes the requirement for 5% of hotel tax from regional tourism districts to be paid to the Greater Providence-Warwick.

Rhode Island H7467 amends the distribution of hotel tax proceeds. It removes the requirement that 5% of the hotel tax generated from regional tourism districts be paid to the Greater Providence-Warwick Convention and Visitors Bureau. Instead, it adds that 5% of the hotel tax to the existing tax paid to the Rhode Island commerce corporation. This change affects how hotel tax revenues are allocated among various entities, including regional tourism districts, local governments, and the Rhode Island commerce corporation. The bill takes effect upon passage.

Rhode Island H7467 removes the requirement for 5% of hotel tax from regional tourism districts to be paid to the Greater Providence-Warwick.

Rhode Island H7467 amends the distribution of hotel tax proceeds. It removes the requirement that 5% of the hotel tax generated from regional tourism districts be paid to the Greater Providence-Warwick Convention and Visitors Bureau. Instead, it adds that 5% of the hotel tax to the existing tax paid to the Rhode Island commerce corporation. This change affects how hotel tax revenues are allocated among various entities, including regional tourism districts, local governments, and the Rhode Island commerce corporation. The bill takes effect upon passage.