OCCUPANCY TAX DATA MUST BE PROVIDED REGULARLY

Legislation requiring the Division of Taxation to regularly provide information to municipalities concerning hotel occupancy taxes is now law.
Under the law, the Division of Taxation will regularly provide a list of all hotels and motels in the municipality that submitted municipal occupancy tax revenue to the state for the period comprising the hotel tax distribution.
Additionally, every municipality that has adopted an ordinance imposing the occupancy tax will have to annually provide the Treasury with the names and addresses of all hotel and motels located within the municipality.
Finally, the law will make unpaid occupancy taxes a municipal lien on the real property comprising the delinquent hotel or motel.
The law requires the state treasurer to provide a municipality written notification of nonpayment by a hotel or motel of taxes to be paid. The written notification will authorize the municipality to act as the collection agent for the outstanding balances of taxes due.
The bill was signed into law on Wednesday.

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