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House Bill 1681

House Bill 1681

ARCHIVE (2005)

Latest Information

DIGEST OF HB1681 (Updated February 28, 2005 8:08 pm - DI 84)

Local taxation. Requires the Lake County convention and visitor bureau to establish an alternate revenue fund consisting of all money (other than innkeeper's tax revenue) received by the bureau after June 30, 2005. Provides that the bureau is not required to submit a budget to the county council with respect to either the alternate revenue fund or the existing convention, tourism, and visitor promotion fund. Specifies that all members of the bureau serve for terms of three years. Legalizes and validates the participation of the employees of the bureau in insurance programs established by the Lake County government for the employees of the bureau. Authorizes the Evansville city council to impose a supplemental auto rental excise tax in Vanderburgh County. Extends the distribution of a portion of the Vanderburgh County innkeeper's tax to the convention center operating fund indefinitely. Provides that the amount of innkeeper's tax revenue deposited in the tourism capital improvement fund increases to the amount generated by a 2.5% innkeeper's tax rate in 2010 (rather than a 3.5% rate beginning in 2006).
Current Status:
Passed 2nd reading - first House
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