Relating to the use of municipal hotel occupancy tax revenue for certain infrastructure projects and public parks.
The introduction of HB 3091 is significant as it modifies existing statutes governing the use of hotel occupancy tax funds, broadening their scope. By permitting the allocation of these funds for approved infrastructure and public park projects within one mile of a hotel, the bill aims to stimulate local economies through enhanced tourism and improved visitor experiences. Municipalities are limited to spending 20% of their collected revenue from this tax annually for these purposes, ensuring that a portion of the revenue remains allocated for its traditional uses.
House Bill 3091 pertains to the allocation of municipal hotel occupancy tax revenue, allowing municipalities to utilize these funds for specific infrastructure projects and public parks. The bill defines 'qualified infrastructure' to encompass roads, supply systems, and drainage systems that are directly related to hotel accessibility. This framework enables local governments to invest in facilities that not only enhance tourist attractions but also support the hospitality industry by improving access and amenities linked to hotels.
Discussions surrounding HB 3091 raised various concerns. Proponents argue that the bill will support tourism by facilitating better infrastructure development near hotels, which can lead to increased visitor satisfaction and economic growth. Conversely, some critics worry about the prioritization of hotel-related projects over other pressing community needs, arguing that the use of such tax revenue should remain solely for promoting tourism rather than diverting funds to broader infrastructure improvements.