Taxes, Hotel Motel - As enacted, requires a municipality levying the hotel-motel tax under general law to submit a report annually detailing the amount of revenue spent by the municipality, and its subordinate contractors, and how those expenditures have been designated and used for tourism and tourism development; makes related changes. - Amends TCA Title 7, Chapter 4 and Title 67, Chapter 4.

This law requires Tennessee municipalities that collect hotel-motel taxes to submit annual reports detailing how the revenue is spent on tourism and development. The reports must be sent to the state comptroller and legislative committee chairs, who will use them to audit whether the funds were used correctly. If an audit finds that money was spent on non-tourism purposes, the municipality must repay the incorrect amount from its general funds within the next fiscal year. Additionally, the bill prevents these taxes from being used for general government spending and limits the total occupancy tax on hotels to eight percent starting in 2025.