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LFD explains lodging-tax structure: two 4% levies, $125 million in FY24 collections, $44.7 million to general fund

2129090 · January 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

LFD staff reviewed lodging (accommodations) taxes and recent distribution changes, explained that the two 4% lodging taxes total 8% at point of sale, and that FY24 collections were about $125 million with roughly $44.7 million to the general fund; staff also confirmed short-term rentals under 30 days generally fall under the lodging tax.

LFD staff walked the House Taxation Committee through Montana's lodging tax structure and recent distribution changes for the lodging sales tax and the lodging facilities use tax.

The training described two distinct taxes, each 4 percent, commonly reported together as an 8 percent total lodging charge at hotels and other short-term stays. The presenter said total accommodations tax collections in fiscal year 2024 were about $125 million and that roughly $44.7 million of that was credited to the general fund.

Nut graf:…

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