Allocates all revenue from hotel and motel occupancy fee for arts, historical heritage, and tourism purposes.

This bill redirects all revenue from New Jersey's hotel and motel occupancy fee toward arts, historical heritage, and tourism programs. It increases funding allocation from 40% to 100% of these fees, setting specific percentages: 56.7% (minimum $31.9 million annually) for the State Council on the Arts, 9.6% (minimum $5.5 million) for historical preservation, 31.9% (minimum $17.6 million) for tourism promotion, and 1.8% (minimum $720,000) for the Cultural Trust. The bill also requires online platforms like Airbnb to collect and report occupancy fees, maintaining detailed transaction records for tax compliance. This policy change directly affects hotels, vacation rentals, and tourism/arts organizations receiving state funding.