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Tourism Trust Fund

SECTION 20.   Chapter 287 of the acts of 2014 is hereby amended by striking out sections 4, 27, 34, 91 and 120.
 
 

Summary:
This section keeps $44 million of room occupancy taxes available for on-budget expenditures, rather than transferring those taxes to the off-budget Tourism Trust Fund. Chapter 287 of the acts of 2014 created the Tourism Trust Fund, and transferred a share of room occupancy taxes to it, but with a delayed effective date. As a result, the proposed structure has never been in effect.