HB118 — Taxes, Hotel Motel - As enacted, authorizes the City of Ashland City, by ordinance adopted by a two-thirds vote, to levy an occupancy tax of not more than 2.5 percent on the privilege of staying in any hotel or motel in Ashland City; the ordinance must set forth the manner of collection and administration of the privilege tax; requires that all proceeds received by the municipality from the tax be used for tourism development. - Amends TCA Section 67-4-1425.

HB118 — Taxes, Hotel Motel - As enacted, authorizes the City of Ashland City, by ordinance adopted by a two-thirds vote, to levy an occupancy tax of not more than 2.5 percent on the privilege of staying in any hotel or motel in Ashland City; the ordinance must set forth the manner of collection and administration of the privilege tax; requires that all proceeds received by the municipality from the tax be used for tourism development. - Amends TCA Section 67-4-1425. · Informed CitizenryHB118 amends TCA Section 67-4-1425 to authorize the City of Ashland City to levy an occupancy tax on the privilege of staying in any hotel within the city. The tax may be established by an ordinanc…Open in Informed Citizenry