This bill mandates the Department of Revenue Administration to collect and disclose information regarding meals and rooms tax revenues for municipalities with ten or more operators. Specifically, it introduces a new subparagraph to RSA 21-J:14, IV, allowing for the disclosure of total revenue collected from the meals and rooms tax in each qualifying municipality. Additionally, a new section, RSA 78-A:19-a, is added to require the department to gather and report the total meals and rooms tax revenue for each municipality, ensuring transparency in tax collection.

Furthermore, the bill amends RSA 78-A:7, II, to require operators to maintain records that specify the amount of taxes collected and the corresponding town or city. This change aims to enhance the accuracy of tax reporting and ensure that the Department can effectively determine the revenue attributable to each municipality. The bill is set to take effect on July 1, 2026, and is expected to incur a one-time expenditure of $50,000 for the Department to update its systems and procedures to accommodate the new reporting requirements.

Statutes affected:
Introduced: 21-J:14, 78-A:7