This bill amends current law regarding the collection of hotel and motel occupancy fees by eliminating the statutory suspension that occurs if the annual appropriations for cultural projects funded by these fees are not met. Specifically, it removes provisions that would require the Director of the Division of Taxation to cease the collection of these fees if the appropriations act does not meet the minimum levels set for cultural project funding.

The bill effectively removes the so-called "poison pill" provision, which previously acted as a deterrent to ensure that the appropriations for cultural projects were met. By deleting the requirements for certification and notification related to the failure to meet these appropriations, the bill aims to provide more stability in the collection of hotel and motel occupancy fees, ensuring that funding for cultural projects is not jeopardized by potential shortfalls in appropriations. The act is set to take effect immediately upon passage.

Statutes affected:
Introduced: 54:32D-2