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

This bill changes how New Jersey allocates revenue from hotel and motel occupancy fees, directing 100% of the funds to arts, historical heritage, and tourism programs instead of the previous 40%. It specifies exact percentages: 56.7% for the State Council on the Arts (with a minimum $31.9 million annually after 2021), 9.6% for the Historical Commission ($5.5 million minimum), 31.9% for tourism advertising ($17.6 million minimum), and 1.8% for the Cultural Trust ($720,000 minimum). The bill directly affects hotels, motels, and online booking platforms (like Airbnb) that collect and remit this fee. It ensures these funds are legally required to be spent on designated cultural and tourism purposes, with minimum annual allocations.