City of Laurel; extend repealer on authority for tax on hotels and motels to promote tourism.

Laurel keeps hotel tourism tax option

The law extends Laurel’s authority to tax room rentals until July 1, 2036. The city can set the tax at up to 3% only after a majority of qualified voters in a city election approve it. The tax can apply to hotels, motels, Airbnb, and similar rentals, but not hospitals, nursing homes, or assisted-living facilities. Room customers pay the tax. The Department of Revenue keeps 3% for collection costs; the rest must fund tourism through a restricted account and receive an annual independent audit.