RS 4710.15.1 - Additional hotel tax authorized
A. In addition to the tax authorized by R.S. 33:4710.15, the authority may levy and collect an additional tax on the occupancy of hotel rooms located within the parish of Orleans. The tax shall be in the amount of one percent of the rent or fee charged for such occupancy and shall be in addition to all taxation upon the occupancy of hotel rooms located in the parish of Orleans. The tax shall be levied and collected in the same manner, according to the same procedures, and upon the same terms and conditions, including the approval of the governing authority of the city of New Orleans and the electorate of the city, as required for the imposition of the tax authorized by R.S. 33:4710.15(A). The authority to levy and collect the tax authorized in this Subsection shall terminate upon payment in full of all bonds or other similar debt obligations of the authority payable in whole or in part from or secured by such tax and issued before July 1, 2029.
B.(1) Notwithstanding any other provision of this Chapter or other law to the contrary, in addition to the hotel occupancy tax authorized by R.S. 33:4710.15, the authority may levy and collect a tax on the occupancy of hotel rooms located within the parish of Orleans. The tax shall be in the amount of one percent of the rent or fee charged for such occupancy and shall be in addition to all taxation upon the occupancy of hotel rooms located in the parish of Orleans. The tax authorized by this Subsection shall be levied and collected in lieu of the tax authorized by Subsection A of this Section, and at no time shall the authority collect taxes pursuant to both authorizations. The proceeds of the tax levied pursuant to this Subsection are subject to any and all pledges of the proceeds of the tax authorized by Subsection A of this Section to the outstanding bonds of the authority.
(2) The authority shall impose the tax by resolution of the board which may provide in the resolution necessary and appropriate rules and regulations for the imposition, collection, and enforcement of the tax.
(3) The proceeds of the tax, after paying reasonable and necessary costs and expenses of collecting and administering the tax, shall be used for the purposes of providing funds to acquire, construct, reconstruct, extend, improve, maintain, and operate convention, exhibition, and tourist facilities, and projects within the city of New Orleans in order to promote the economic growth and development of the city, and the authority may fund the proceeds of the tax into bonds to be issued in series from time to time by the authority for the purpose of defraying the costs of the acquisition, construction, reconstruction, extension, or improvement of any one or more or any combination of convention, exhibition, and tourist facilities and projects and the necessary furnishings, machinery, equipment, and appurtenances therefor, to the extent and in the manner permitted by the laws of this state, including particularly this Chapter.
(4) The authority to levy and collect the tax specified in this Subsection shall terminate upon payment in full of all bonds or other similar debt obligations of the authority payable in whole or in part from or secured by such tax and issued before July 1, 2029.
Acts 2019, No. 172, §1.