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AN ORDINANCE AMENDING CHAPTER 3.08 OF THE JONESBORO CODE OF ORDINANCES LEVYING A THREE PERCENT (3%) GROSS RECEIPT TAX ON THE RENTING, LEASING, OR OTHERWISE FURNISHING OF HOTEL AND MOTEL ACCOMODATIONS
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WHEREAS, the Advertising and Promotion Commission voted unanimously to request an increase in the current Hotel-Motel tax from one percent (1%) to three percent (3%); and
WHEREAS, this tax is paid by those who visit our community and in no way should affect the citizens of Jonesboro;
NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Jonesboro, Arkansas, that:
Section 1. Section 3.08.01 entitled Definitions, is hereby amended to read as follows:
A. Gross receipt tax A tax of three percent (3%) upon the gross receipts or gross proceeds from renting, leasing or otherwise furnishing of motel or hotel accommodations in the city of Jonesboro, Arkansas.
Section 2. Section 3.08.02 entitled Gross receipt tax on furnishing, is hereby amended to read as follows: From and after the passage and approval of this section, a tax in the sum of three percent (3%) shall be levied upon the gross receipts or gross proceeds upon the renting, leasing or otherwise furnishing of hotel and motel accommodations for profit within the corporate limits of the city of Jonesboro, Arkansas. The tax herein levied shall be paid by the persons, firms or corporations liable therefore, and shall be collected by City Advertising and Promotion Commission in the same manner and at the same time as the gross receipts tax levied by Act 386 of 1941 as amended. All the provisions of Act 386 of 1941 as amended, and the rules, regulations and forms promulgated and prescribed by the commissioner of revenues pursuant to said Act shall, so far as practicable, be applied with respect to the enforcement and collection of the tax levied pursuant to this section.
PASSED AND ADOPTED THIS 6th DAY OF March, 2007.