The bill amends R.S. 33:4574.1.1(A)(29) to increase the occupancy tax rate levied by the St. Tammany Parish Tourist and Convention Commission from three percent to four percent. This change allows the commission to collect a higher tax on the occupancy of hotel rooms, motel rooms, and overnight camping facilities within its jurisdiction.

Additionally, the bill enacts R.S. 33:4574.1.1(T), which stipulates that one-quarter of the revenues collected from the occupancy tax exceeding three percent will be allocated to the St. Tammany Parish Development District. These funds are designated for business development, attraction, and economic marketing initiatives aimed at promoting St. Tammany Parish as a prime destination for tourism and investment.

Statutes affected:
SB43 Original: 33:1(M)
SB43 Engrossed: 33:1(A)(29)
SB43 Enrolled: 33:1(A)(29)
SB43 Act : 33:1(A)(29)