§ 42-63.1-12. Distribution of tax to Rhode Island Convention Center Authority.
(a) For returns and tax received on or before December 31, 2015, the proceeds of the hotel tax generated by any and all hotels physically connected to the Rhode Island Convention Center shall be distributed as follows: twenty-seven percent (27%) shall be deposited as general revenues; thirty-one percent (31%) shall be given to the convention authority of the city of Providence; twelve percent (12%) shall be given to the greater Providence-Warwick convention and visitor’s bureau; thirty percent (30%) shall be given to the Rhode Island convention center authority to be used in the furtherance of the purposes set forth in § 42-99-4.
(b) For returns and tax received after December 31, 2015, the proceeds of the hotel tax generated by any and all hotels physically connected to the Rhode Island Convention Center shall be distributed as follows: twenty-eight percent (28%) shall be given to the convention authority of the city of Providence; twelve percent (12%) shall be given to the greater Providence-Warwick convention and visitor’s bureau; and sixty percent (60%) shall be given to the Rhode Island Commerce Corporation established in chapter 64 of title 42.
(c) The Rhode Island Convention Center Authority is authorized and empowered to enter into contracts with the Greater Providence-Warwick Convention and Visitors’ Bureau in the furtherance of the purposes set forth in this chapter.
(d) For returns and tax received on or after July 1, 2018, the proceeds of the hotel tax generated by any and all hotels physically connected to the Rhode Island Convention Center shall be distributed as follows: thirty percent (30%) shall be given to the convention authority of the city of Providence; twenty percent (20%) shall be given to the greater Providence-Warwick convention and visitor’s bureau; and fifty percent (50%) shall be given to the Rhode Island Commerce Corporation established in chapter 64 of title 42.
History of Section.P.L. 1995, ch. 371, § 2; P.L. 1996, ch. 177, § 3; P.L. 1998, ch. 422, § 1; P.L. 2000, ch. 55, art. 29, § 1; P.L. 2001, ch. 20, § 1; P.L. 2001, ch. 22, § 1; P.L. 2005, ch. 117, art. 16, § 2; P.L. 2015, ch. 141, art. 11, § 2; P.L. 2018, ch. 47, art. 4, § 15.
Structure Rhode Island General Laws
Title 42 - State Affairs and Government
Chapter 42-63.1 - Tourism and Development
Section 42-63.1-2. - Definitions.
Section 42-63.1-3. - Distribution of tax.
Section 42-63.1-4. - Use of funds.
Section 42-63.1-5. - Regional tourism districts.
Section 42-63.1-6. - Repealed.
Section 42-63.1-7. - Administration of the fund.
Section 42-63.1-8. - Local hotel taxes.
Section 42-63.1-9. - Exemption.
Section 42-63.1-10. - Review and reporting.
Section 42-63.1-12. - Distribution of tax to Rhode Island Convention Center Authority.
Section 42-63.1-13. - Annual report.
Section 42-63.1-14. - Offering residential units through a hosting platform.
Section 42-63.1-14.1. - Properties listed on hosting platform websites.