Bill Title: As enacted, authorizes the City of Fayetteville, by ordinance adopted by a two-thirds vote, to levy an occupancy tax of not more than five percent on the privilege of staying in any hotel or motel in Fayetteville; the ordinance must set forth the manner of collection and administration of the privilege tax; requires that all proceeds received by the municipality from the tax be used for tourism development. - Amends TCA Section 67-4-1425.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2015-05-18 - Pub. Ch. 384 [SB0186 Detail]

Text: Latest bill text (Draft #1) [PDF]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Jim Tracy [R]	Primary	Sponsored Bills	SD-014	FollowTheMoney	Ballotpedia	VoteSmart

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