โœ”๏ธ SB43

Repeal the authorization of a special county lodging tax

Current Status: In Senate Committee (Ways and Means)

Summary

The bill repeals the authorization for counties to levy a special lodging tax on hotel transactions, which was previously set at a maximum rate of three percent. It eliminates the provisions for the tax's administration, allocation, and penalties for late payments. The repeal will take effect on a date specified by the board of county commissioners.

Rationale

The bill aligns with Libertarian principles by reducing government taxation and control over local economies, promoting individual property rights, and supporting free market principles. Both the LP and LPO advocate for minimal government intervention in economic matters, which this bill supports by eliminating a tax that could be seen as a government overreach.

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