Limits operational expenditures for tourism-related facilities owned or operated by municipalities and public facilities districts.

The bill amends existing law to restrict the use of lodging tax revenues for operational expenditures of tourism-related facilities owned or operated by municipalities and public facilities districts to a maximum of five percent of total annual lodging tax revenues. It mandates that applicants for these revenues submit estimates of how the funds will increase tourism to the local lodging tax advisory committee. The committee then selects candidates and recommended funding amounts for the municipality's final decision.

Limits operational expenditures for tourism-related facilities owned or operated by municipalities and public facilities districts.

The bill amends existing law to restrict the use of lodging tax revenues for operational expenditures of tourism-related facilities owned or operated by municipalities and public facilities districts to a maximum of five percent of total annual lodging tax revenues. It mandates that applicants for these revenues submit estimates of how the funds will increase tourism to the local lodging tax advisory committee. The committee then selects candidates and recommended funding amounts for the municipality's final decision.