Authorizes the Shreveport-Bossier Convention and Tourist Bureau to levy and collect an additional hotel occupancy tax within the jurisdiction of the bureau (EN +$2,380,700 LF RV See Note)
Impact
The bill is expected to facilitate additional funding for tourism-related activities and infrastructure in the Shreveport-Bossier area. By generating revenue through hotel occupancy taxes, it aims to enhance local sports programs and events, promote the Independence Bowl, and support regional air service initiatives. Furthermore, it outlines provisions for the duration of tax collection, set to terminate on June 30, 2039, creating a clear framework for its implementation and oversight.
Summary
House Bill 1191 authorizes the Shreveport-Bossier Convention and Tourist Bureau to levy an additional hotel occupancy tax within its jurisdiction. This tax will be two percent of the rent or fee charged for hotel rooms and overnight camping facilities, with specific percentages dedicated to funding local initiatives, such as the Shreveport-Bossier Sports Commission, the Independence Bowl Foundation, and the Ark-La-Tex Regional Air Service Alliance. The additional tax is subject to voter approval in Caddo and Bossier parishes, emphasizing community involvement in local financial decisions.
Sentiment
The sentiment around HB 1191 appears largely positive among proponents who see it as an opportunity to boost local tourism and economic development. Supporters argue that the funding provided by the additional tax can significantly impact the region's ability to host events and improve facilities. However, there may be opposition regarding the potential burden placed on hotel guests and concerns about how tax revenues will be managed and reported by the bureau.
Contention
A notable point of contention surrounding the bill lies in the requirement of voter approval for the additional tax. While many local stakeholders support the initiatives this funding would enable, there exists a concern whether the electorate will agree to the proposed tax increase, creating uncertainty for the bureau and the potential projects reliant on this revenue. Additionally, discussions may arise regarding the allocation of funds to ensure they are distributed equitably among the designated recipients.
Authorizes the Shreveport-Bossier Convention and Tourist Bureau to levy an additional hotel occupancy tax within the jurisdiction of the bureau (OR +$2,845,228 LF RV See Note)
Provides relative to the hotel occupancy tax that the Shreveport-Bossier Convention and Tourist Bureau is authorized to levy (EN INCREASE LF RV See Note)
Authorizes the levy, collection, and distribution of an additional hotel and motel tax of one percent by the Southwest Louisiana Convention and Visitors Bureau. (gov sig)