Amends TCA Title 7, Chapter 4 and Title 67, Chapter 4.

ON APRIL 4, 2024, THE SENATE ADOPTED AMENDMENT #1 AND PASSED SENATE BILL 1676, AS AMENDED.<br /> <br /> AMENDMENT #1 makes the following changes:<br /> <br /> (1) Not less than 30 days after the end of a municipality's fiscal year, requires each municipality that receives revenue from a tax levied under the motel-hotel tax to also provide an annual written report to the commissioner of the department of tourist development;<br /> <br /> (2) Deletes the provision in the bill requiring the comptroller of the treasury to use the reports to audit the expenditures of funds from the revenue received;<br /> <br /> (3) Deletes the provision of the bill prohibiting, on and after July 1, 2025, a municipality from levying or increasing the hotel-motel tax in an amount that results in the aggregate total tax on the privilege of occupancy in a hotel within the jurisdiction exceeding 8 percent.<br />