ORDINANCE NO. BL2014-728
An ordinance amending Section 5.12.140 B of the Metropolitan Code to extend the expiration date for the assessment, collection and administration of the additional hotel occupancy privilege tax of fifty cents.
WHEREAS, the pursuant to Tennessee Code Annotated, Section 7-4-202 the Metropolitan Code authorizes a fifty cent ($0.50) privilege tax in addition to the two dollar ($2.00) privilege tax upon the occupancy of each hotel room within the territory of the Metropolitan Government; and,
WHEREAS, all revenue received pursuant to the additional hotel occupancy tax which exceeds two dollars is deposited in a metropolitan government fund entitled “The Event and Marketing Fund”; and,
WHEREAS, 2013 Tenn. Pub. Act 340 extends the expiration date six years from May 21, 2014, for a metropolitan government to assess and collect any hotel occupancy privilege tax in excess of two dollars ($2.00); and,
WHEREAS, it is in the interest of the citizens of The Metropolitan Government of Nashville and Davidson County that Section 5.12.140 B of the Metropolitan Code be amended to extend the expiration date for the assessment, collection and administration of the additional hotel occupancy tax as permitted by state law.
NOW, THEREFORE, BE IT ENACTED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:
Section 1. That Section 5.12.140 B be deleted in its entirety and substituted instead with the following:
B. The additional hotel occupancy privilege tax which exceeds two dollars ($2.00) authorized by this article shall terminate six years from May 21, 2014.
Section 2. This ordinance shall take effect from and after its final passage, the welfare of The Metropolitan Government of Nashville and Davidson County requiring it.
Sponsored by: Ronnie Steine
|Introduced:||April 1, 2014|
|Passed First Reading:||April 1, 2014|
|Referred to:||Budget & Finance Committee
Convention & Tourism Committee
|Passed Second Reading:||April 15, 2014|
|Passed Third Reading:||May 6, 2014|
|Approved:||May 8, 2014|
Requests for ADA accommodation should be directed to the Metropolitan Clerk at 615/862-6770.