Bill Would Raise Tourism Revenues from Fee on Hotel Rates
There are a few bills that have been introduced in the recent Illinois General Assembly session that are worth watching, including a bill that would authorize hotel owners to petition local governments to create a tourism preservation and sustainability district by ordinance, after a public hearing process. If established, the district could impose a "transaction charge" in an amount equal to or less than 5% of the hotel room rate. The revenues would then be passed on to either a locally created and state-certified convention and visitors bureau or an existing nonprofit organized for tourism purposes. HB 268 (Senate Amendment 1) has passed the Illinois senate and has been sent to the Illinois house.
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