SB7 — 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.

SB7 — 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 CitizenryThis bill amends Tennessee Code Annotated Section 67-4-1425 to authorize a specific city to levy an occupancy tax. The city, which must have a population between 4,540 and 4,549 and be located in a…Open in Informed Citizenry