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House Bill 1700


House Bill 1700

ARCHIVE (2005)

Latest Information

 

DIGEST OF INTRODUCED BILL


Vanderburgh County innkeeper's tax. Extends the distribution of a portion of the Vanderburgh County innkeeper's tax to the convention center operating fund until 2010. Provides that the amount of innkeeper's tax revenue deposited in the tourism capital improvement fund remains the amount generated by a 1.5% innkeeper's tax rate until 2010 (rather than until 2006). Reduces the amount of Vanderburgh County innkeeper's tax revenue deposited in the convention center operating fund from the amount generated by a 2% rate to the amount generated by a 1% rate. Establishes the LST-325 tourism fund. Deposits into this fund the amount of innkeeper's tax revenue generated by a 1% rate.
Current Status:
 In Committee - first House
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