An Act To Reduce the Rate of Tax Imposed on the Rental of Living Quarters
Sec. 1. 5 MRSA §13090-K, sub-§2, as amended by PL 2015, c. 267, Pt. OOOO, §1 and affected by §7, is repealed and the following enacted in its place:
The tax amounts specified in this subsection must be based on actual sales for that fiscal year and may not consider any accruals that may be required by law. The amount transferred from General Fund sales and use tax revenues does not affect the calculation for the transfer to the Local Government Fund.
Sec. 2. 36 MRSA §1811-C is enacted to read:
§ 1811-C. Lodging tax decrease
Notwithstanding any other provision of this Part, effective November 1, 2017, the tax imposed on the value of rental of living quarters in any hotel, rooming house or tourist or trailer camp pursuant to section 1811 is reduced by 1.5 percentage points.
This bill provides that the tax imposed on the value of rental of living quarters in any hotel, rooming house or tourist or trailer camp is reduced by 1.5 percentage points on November 1, 2017.