Authorizes Ste. Genevieve and Perry Counties to impose a transient guest tax
Impact
If enacted, SB169 will directly affect the ability of specified counties to generate additional revenue through this new tax. The expected proceeds from the tax are designated solely for promoting tourism within the counties, potentially enhancing local economic growth and increasing regional attractiveness to visitors. The method of implementation requires a vote, thereby ensuring that community stakeholders can voice their preferences regarding tax responsibilities and funding allocation.
Summary
Senate Bill 169 introduces a new transient guest tax, specifically authorizing Ste. Genevieve and Perry Counties to impose this tax on charges for all sleeping rooms paid by transient guests in hotels, motels, bed and breakfast inns, and campgrounds within their jurisdictions. The tax is capped at six percent per occupied room or cabin per night and aims to bolster tourism funding. The bill mandates that the tax will only take effect if approved by the voters in a state general or primary election, thus allowing local citizens to have a say in the implementation of this tax.
Contention
Notably, the bill brings forth considerations regarding local governance and citizens' rights to influence tax decisions. While supporters may argue that the transient guest tax will provide essential funding for tourism promotion, critics may raise concerns over the additional fiscal burden on visitors and fairness in the allocation of tax revenue. The necessity for voter approval might also lead to debates about the feasibility and acceptability of such taxes among residents, as it changes local tax structures and gives authority to specific county governments to set tax rates.