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Committee clarifies SB 63 restores travel-and-tourism calculation, not direct meals-and-rooms transfers
Summary
Committee testimony clarified that SB 63 restores an appropriation calculation for travel and tourism and does not directly change municipal meals-and-rooms distributions.
House committee members and state tax staff clarified how Senate Bill 63 would affect funding for the Division of Travel and Tourism and the underlying meals-and-rooms calculations.
Jennifer Ramsey, tax policy counsel with the Department of Revenue Administration, told the Ways and Means Committee that the amendment in SB 63 restores the statutory calculation used to determine the appropriation floor for travel and tourism. She said the change does not redirect or reduce municipal distributions directly; instead it changes the calculation by adding back the municipal fund transfer when computing “net revenue” for the…
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