Transient occupancy tax; Giles County may impose at rate not to exceed 5% to promote tourism. (SB858)

Introduced By

Sen. John Edwards (D-Roanoke)

Progress

√
 Introduced
√
 Passed Committee
√
 Passed House
√
 Passed Senate
√
 Signed by Governor
√
 Became Law

Description

Transient occupancy tax; Giles County. Authorizes Giles County to impose a transient occupancy tax at a rate not to exceed five percent. Any revenues from that portion of the tax in excess of two percent would be required to be used solely for tourism or marketing of tourism.

Currently, every county is authorized to impose a transient occupancy tax at a rate not to exceed two percent; however, many counties have been authorized to impose the tax at a rate not to exceed five percent. Amends § 58.1-3819 (“Transient occupancy tax.”), of the Code of Virginia. View Full Text »

Outcome

Bill Has Passed
View Bill's History