Introduced By: Reps. Moura and Smith
Date Introduced : February 3, 1998
It is enacted by the General Assembly as follows:
SECTION 1. Sections 42-63.1-3 and 42-63.1-12 of the General Laws in Chapter 42-63.1 entitled "Rhode Island Tourism and Development" are hereby amended to read as follows:
42-63.1-3. Distribution of tax. -- Except as provided in section 42-63.1-12 the proceeds of the hotel tax shall be distributed as follows by division of taxation and the city of Newport:
(a) Forty-seven percent (47%) of the tax generated by the hotels
in the district except as otherwise provided in this chapter shall
be given to the regional tourism district wherein the hotel is
located; provided however, that from the tax generated by the
hotels in the city of Warwick, thirty-one percent (31%) of said
tax shall be given to the Warwick regional tourism district established
in section 42-63.1-5(5) and sixteen percent (16%) of said tax
shall be given to the Greater Providence-Warwick Convention and
Visitors' Bureau established in section 42-63.1-11 and provided
further, that from the tax generated by the hotels in the city
of Providence, {DEL thirty-nine and one-half percent (39.5%) DEL}
{ADD sixteen percent (16%) ADD} of said tax shall be given to the
Greater Providence-Warwick Convention and Visitors' Bureau established
by section 42-63.1-11, {DEL and seven and one-half percent
(7.5%) DEL} {ADD and thirty-one percent (31%) ADD} of said tax
shall be given to the Convention Authority of the city of Providence
established pursuant to the provisions of chapter 84 of the public
laws of January, 1980, provided, however, that the receipts attributable
to the district as defined in section 42-63.1-5(7) shall be deposited
as general revenues;
(b) Twenty percent (20%) of the hotel tax shall be given to the city or town wherein the hotel which generated the tax is physically located to be used for whatever purpose the city or town decides.
(c) {DEL Thirty-three (33%) DEL} {ADD Twenty six percent
(26%) ADD} of the hotel tax shall be deposited as general revenues
{ADD and seven percent (7 %) to the Greater Providence-Warwick Convention
and Visitors' Bureau ADD}.
42-63.1-12. Distribution of tax to Rhode Island Convention
Center Authority. -- (a) The proceeds of the hotel tax
generated by any and all hotels in which the Rhode Island Convention
Center Authority maintains a majority ownership interest therein
shall be distributed as follows: twenty-seven percent (27%) shall
be deposited as general revenues; {DEL forty-three percent
(43%) DEL} {ADD thirty-one percent (31%) shall be given to the
Convention Authority of the city of Providence; twelve percent
(12%) shall b ADD}e given to the greater Providence-Warwick {ADD
ADD}Convention and Visitor's Bureau; thirty percent (30%) shall
be given to the Rhode Island Convention Center Authority to be
used in furtherance of the purposes set forth in this chapter.
(b) The Rhode Island Convention Center Authority is hereby authorized and empowered to enter into contracts with the Greater Providence-Warwick Convention and Visitors' Bureau in furtherance of the purposes set forth in this chapter.
SECTION 2. This act shall take effect on January 1, 1999.
