2020 -- H 7654 | |
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LC004759 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2020 | |
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A N A C T | |
RELATING TO STATE AFFAIRS AND GOVERNMENT -- TOURISM AND | |
DEVELOPMENT | |
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Introduced By: Representatives McKiernan, Williams, Diaz, Slater, and Lima | |
Date Introduced: February 26, 2020 | |
Referred To: House Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 42-63.1-12 of the General Laws in Chapter 42-63.1 entitled "Tourism |
2 | and Development" is hereby amended to read as follows: |
3 | 42-63.1-12. Distribution of tax to Rhode Island Convention Center Authority. |
4 | (a) For returns and tax received on or before December 31, 2015, the proceeds of the hotel |
5 | tax generated by any and all hotels physically connected to the Rhode Island Convention Center |
6 | shall be distributed as follows: twenty-seven percent (27%) shall be deposited as general revenues; |
7 | thirty-one percent (31%) shall be given to the convention authority of the city of Providence; twelve |
8 | percent (12%) shall be given to the greater Providence-Warwick convention and visitor's bureau; |
9 | thirty percent (30%) shall be given to the Rhode Island convention center authority to be used in |
10 | the furtherance of the purposes set forth in ยง 42-99-4. |
11 | (b) For returns and tax received after December 31, 2015, the proceeds of the hotel tax |
12 | generated by any and all hotels physically connected to the Rhode Island Convention Center shall |
13 | be distributed as follows: twenty-eight percent (28%) shall be given to the convention authority of |
14 | the city of Providence; twelve percent (12%) shall be given to the greater Providence-Warwick |
15 | convention and visitor's bureau; and sixty percent (60%) shall be given to the Rhode Island |
16 | Commerce Corporation established in chapter 64 of title 42. |
17 | (c) The Rhode Island Convention Center Authority is authorized and empowered to enter |
18 | into contracts with the Greater Providence-Warwick Convention and Visitors' Bureau in the |
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1 | furtherance of the purposes set forth in this chapter. |
2 | (d) For returns and tax received on or after July 1, 2018, the proceeds of the hotel tax |
3 | generated by any and all hotels physically connected to the Rhode Island Convention Center shall |
4 | be distributed as follows: thirty percent (30%) shall be given to the convention authority of the city |
5 | of Providence; twenty percent (20%) shall be given to the greater Providence-Warwick convention |
6 | and visitor's bureau; and fifty percent (50%) shall be given to the Rhode Island Commerce |
7 | Corporation established in chapter 64 of title 42. |
8 | (e) For returns and tax received on or after July 1, 2020, the proceeds of the hotel tax |
9 | generated by any and all hotels physically connected to the Rhode Island Convention Center shall |
10 | be distributed as follows: thirty percent (30%) shall be given to the convention authority of the city |
11 | of Providence; twenty-four percent (24%) shall be given to the greater Providence-Warwick |
12 | convention and visitors bureau; twenty-one percent (21%) shall be given to the Rhode Island |
13 | commerce corporation established in chapter 64 of title 42; and twenty-five percent (25%) shall be |
14 | given to the city where the hotel is physically located |
15 | SECTION 2. This act shall take effect on July 1, 2020. |
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LC004759 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO STATE AFFAIRS AND GOVERNMENT -- TOURISM AND | |
DEVELOPMENT | |
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1 | This act would apply the hotel tax distribution formula for entities within the Providence |
2 | regional tourism district to any and all hotels physically connected to the Rhode Island Convention |
3 | Center. |
4 | This act would take effect on July 1, 2020. |
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LC004759 | |
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