Metropolitan Code of Nashville and Davidson County § 5.12.150 Additional hotel occupancy tax for enclosed stadium authorized.
5.12.150 - Additional hotel occupancy tax for enclosed stadium authorized.
In addition to any other tax or fee imposed pursuant to this chapter, there is hereby levied an additional privilege tax of one percent of the consideration charged by the operator for the occupancy of each hotel room within Davidson County. The tax so imposed is a privilege tax upon each occupied room for each night of occupancy and shall be collected by the department of finance. The proceeds from such tax shall be distributed to the Sports Authority in accordance with Tenn. Code Ann. § 67-4-1415. The privilege tax hereby levied shall expire on January 1, 2024, unless the Sports Authority shall have theretofore issued its revenue bonds as contemplated by the Term Sheet (the "bonds").
(Ord. BL2022-1529 § 1, 2022)