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SB 434 (2024)

Create program for lodging to be exempt from Meals and Rooms Tax if offered for affordable rent

Summary:

Creates the Extended Stay Housing Program, which provides exemptions to the rooms and meals tax. To be eligible, a business would have to make up to 25% of rooms available at 125% or less of the estimated affordable monthly rent.

Bill Sponsor:
Daryl A. Abbas
Republican party logo
Bill Became Law?:
No
Status:
SENATE
Status Detail:
Killed in the Senate
Public Hearing Date:
01/24/2024 09:45 am
Public Hearing Location:
SH Room 100
Senate Voting Date:
03/07/2024
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