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File #: O-390-14    Version: Name:
Type: Ordinance Status: Passed
File created: 6/13/2014 In control: Labor and Economic Development Committee
On agenda: 7/24/2014 Final action: 7/24/2014
Title: AN ORDINANCE AMENDING SECTION 121.01 OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT CODE OF ORDINANCES BY ADDING THE IMPOSITION OF A SPECIAL TRANSIENT ROOM TAX NOT TO EXCEED ONE (1%) PERCENT FOR THE PURPOSE OF FINANCING THE RENOVATION OR EXPANSION OF THE KENTUCKY INTERNATIONAL CONVENTION CENTER, SAID LEVY TO TAKE EFFECT ON AUGUST 1, 2014 (As Amended).
Sponsors: David Tandy (D-4), Jerry T. Miller (R-19)
Attachments: 1. O-390-14 PROPOSED FLOOR AMENDMENT, 2. ORD 111 2014
ORDINANCE NO. _________, SERIES 2014
TITLE
AN ORDINANCE AMENDING SECTION 121.01 OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT CODE OF ORDINANCES BY ADDING THE IMPOSITION OF A SPECIAL TRANSIENT ROOM TAX NOT TO EXCEED ONE (1%) PERCENT FOR THE PURPOSE OF FINANCING THE RENOVATION OR EXPANSION OF THE KENTUCKY INTERNATIONAL CONVENTION CENTER, SAID LEVY TO TAKE EFFECT ON AUGUST 1, 2014 (As Amended).
BODY
Sponsored By: Councilman David Tandy
Councilman Jerry Miller

WHEREAS, Chapter 121 of the Louisville/Jefferson County Kentucky Metro Government Code of Ordinances pertains to the levy of transient room taxes as authorized by KRS 91A.390, KRS 153.440 and KRS 91A.392; and
WHEREAS, Louisville and Jefferson County Visitors and Convention Commission ("Commission") and the Kentucky State Fair Board have determined that it is in the best interest of the Commonwealth, generally, and Louisville/Jefferson County Metro Government, specifically, to finance and carry out another expansion and enhancement of the Kentucky International Convention Center in order to promote tourism and conventions in Louisville Metro; and
WHEREAS, the General Assembly in the 2014 regular session enacted House Bill 401 which amended KRS 91A.390; and
WHEREAS, KRS 91A.390, as amended, authorizes an additional special transient room tax not to exceed one (1%) percent for the purpose of financing the renovation or expansion of a convention center that is government-owned and located in the central business district of a consolidated local government; and
WHEREAS, the Kentucky International Convention Center is a government-owned convention center located in the central business district of Louisville Metro.

NOW, THEREFORE, BE IT ORDAINED BY THE LEGISLATIVE COUNCIL OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT ("COUNCIL") AS FOLLOWS:

SECTION 1. A new section of LMCO ? 121.01 of the LMCO is hereby added as follows:
LMCO ? 121.01 LEVY OF ...

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