Authorizes a transient guest tax for tourism purposes in Richmond

HB 2434 establishes eligibility criteria for local governments to implement a transient guest tax (like a hotel tax) for tourism funding. It specifies detailed population and county classification requirements (e.g., cities with 2,500-3,000 residents in certain counties) that must be met for a jurisdiction to adopt such a tax. The bill does not create the tax itself but authorizes qualifying cities or counties meeting these specific demographic thresholds to impose it. It directly affects eligible local governments in Virginia, not individual residents or businesses. The tax would fund tourism-related initiatives within those qualifying jurisdictions.