An Act To Expand Local Revenues By Including Meals And Lodging Sales Tax Revenue Under The State-Municipal Revenue Sharing Program

This bill creates a new "Local Government Hospitality Fund" to share revenue from meals and lodging sales taxes with municipalities. Starting January 1, 2026, 1% of the previous month's meals and lodging tax revenue collected by the state will be added to this fund. The state will then distribute these funds each month to municipalities based on how much of the tax they collected locally. This directly benefits municipalities that collect these taxes, providing them with additional local revenue without requiring new taxes.