Updates minimum allocation amounts and poison pill provisions related to revenues collected from hotel and motel occupancy fees.*

S 4955 updates the minimum annual funding levels for New Jersey's arts, history, and tourism programs funded by hotel and motel occupancy fees, requiring at least $31.9 million for the arts council, $5.5 million for the historical commission, and $17.6 million for tourism promotion (from the fee revenue) through 2026 and beyond. It also appropriates an additional $1 million directly to the Division of Travel and Tourism for tourism advertising and promotion. Hotels and motels that collect the occupancy fee must remit it to the state, with funds allocated to these designated entities. This bill affects how revenue from the fee is distributed, ensuring stable funding for cultural and tourism initiatives.