Plain English Breakdown
Checked against official source text during the last sync.
HB1216: Sending Hotel Taxes to the Department of Revenue
This bill requires that excise taxes collected on rooms, lodgings, and accommodations be sent to the Georgia Department of Revenue for payment.
What This Bill Does
- Requires any excise tax on rooms, lodgings, and accommodations to be remitted to the Department of Revenue for disbursement.
- Allows contracts or memoranda of understanding to help manage how this money is paid out.
- Requires an itemized list showing approved expenditures with each payment.
- Provides authority to create rules, regulations, and forms needed for these tax steps.
- Repeals any existing laws that conflict with these changes.
Who It Names or Affects
- Entities collecting excise taxes on rooms, lodgings, and accommodations
- The Georgia Department of Revenue
Terms To Know
- Excise tax
- A specific fee added to the price of certain goods or services, such as hotel rooms.
- Remitted
- Sent or paid over to an official agency for handling and distribution.
Limits and Unknowns
- The bill text mentions providing for an effective date, but the specific start date is not listed in this summary.
- The exact amounts of money collected are not included in this explanation.