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Committee caps municipal rooms-and-meals distribution at $137M per year for the biennium
Summary
The House Finance Committee voted to fix the municipal share of rooms-and-meals tax distributions at $137 million per fiscal year for the upcoming biennium, reducing the automatic growth municipalities would have received under the 30% formula and increasing state-held revenue by roughly $11 million for the biennium.
The House Finance Committee approved an amendment that freezes the municipal distribution of the rooms-and-meals tax at $137 million per fiscal year for the 2026–27 biennium, rather than allowing the distribution to grow automatically under the current 30% formula.
Representative Campbell…
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