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2007 SESSION

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HB 2230 Tourism Financing Development Authority Act; created.

Introduced by: David A. Nutter | all patrons    ...    notes | add to my profiles | history

SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION:

Tourism Financing Development Authority Act. Allows localities to create a tourism financing development authority. The authority shall have the power to establish a revolving loan fund or loan guarantee program to help carry out its powers and promote establishment of tourism infrastructure. Certain transient occupancy taxes may also be used for purposes of the authority.

SUMMARY AS INTRODUCED:

Tourism Financing Development Authority. Allows localities to create a Tourism Financing Development Authority. The authority shall have the power to establish a revolving loan fund or loan guarantee program to help carry out its powers and promote establishment of tourism infrastructure. Certain transient occupancy taxes may also be used for purposes of the authority.