ORDINANCE NO. 20-58

ESTABLISHING A HOTEL/MOTEL EXCISE TAX PURSUANT TO O.R.C. 5739.08(A)

Sponsored By: Haney, Hock, Pierce, Rist

WHEREAS,  Section 5739.08(A) of the Ohio Revised Code permits a municipal corporation to levy an excise tax not to exceed three percent (3%) on transactions by which lodging by a hotel/motel is furnished to transient guests; and,

WHEREAS,  it would be in the best interest of the City of Ironton, Ohio to establish such a tax in order to improve its revenue stream.

NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF IRONTON, OHIO:

Section I:That a three percent (3%) excise tax is hereby levied on all transactions by which lodging by a hotel or motel is or is to be furnished to transient guests on all hotels and motels situated in the municipal corporation limits of the City of Ironton, Ohio.

Section II: Said tax is to be collected by the hotel or motel and paid to the Ironton Finance Department by the 10th day of each month for the preceding month’s transaction.

Section III: That the funds collected from said tax shall be placed in the City’s General Fund.

Section IV: That this Ordinance is hereby declared an emergency measure for the protection of the public peace and welfare of the citizens of the City of Ironton, Ohio.

Adopted this                day of                                             , 2020 at Ironton, OH.