Staff Analysis of the Legislation
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05.02.2023 The House Ways and Means Licenses, Fees, Insurance Tax and Other Charges subcommittee gave this bill a favorable report as amended. The amendment deletes references to hospitality taxes, imposes an annual 15% cap on the amount of accommodations taxes used, includes a seven year sunset and requires a report to the General Assembly.
04.25.2023 The House Ways and Means Licenses, Fees, Insurance Tax and Other Charges subcommittee adjourned debate on this bill.
03.21.2023 The Senate Finance Committee gave this bill a favorable report.
03.14.2023 The Senate Finance Sales and Income Tax subcommittee gave this bill a favorable report.
Summary of the bill as introduced: Allows local accommodations and hospitality taxes to be used for the development of workforce housing. |
