Until July 1, 2036, Laurel may charge up to 3% on lodging, including vacation rentals, for tourism if a majority of participating city voters approve.
Laurel’s authority to charge up to 3% on room rentals for tourism expires July 1, 2036. City voters must approve the tax, which lodging businesses collect from guests.
Laurel’s mayor and city council may charge up to 3% on room rental sales to fund tourism. The tax covers lodging within Laurel, including Airbnb and similar vacation rentals. Hospitals, nursing homes, and assisted living facilities are excluded. A majority of city voters voting in the tax election must approve the tax before the city may charge it. Lodging businesses must add the tax to guests’ bills. The city must keep the proceeds in a separate account for tourism, and an independent accountant must audit receipts and spending each year. The law takes effect upon passage. The tax authority expires July 1, 2036. The city’s election resolution must state when the tax begins.
No hearings or votes scheduled.