LCO No. 3116 1 of 1 General Assembly Proposed Bill No. 601 January Session, 2019 LCO No. 3116 Referred to Committee on FINANCE, REVENUE AND BONDING Introduced by: SEN. KISSEL, 7th Dist. AN ACT DEDICATING A PORTION OF THE OCCUPANCY TAXES TO MUNICIPAL TOURISM INCENTIVE GRANTS. Be it enacted by the Senate and House of Representatives in General Assembly convened: That the general statutes be amended to provide to each 1 municipality, in the fiscal year commencing July 1, 2020, and annually 2 thereafter, a tourism incentive grant from the revenue generated from 3 the occupancy taxes on hotels, lodging houses and bed and breakfasts 4 located in the municipality, such grants to be in an amount equal to 5 fifty per cent of the overage of revenue generated from such taxes in a 6 fiscal year compared to the amount of revenue generated from such 7 taxes in the municipality for the fiscal year ending June 30, 2020. 8 Statement of Purpose: To provide municipal revenue and encourage municipal tourism efforts.