Section 45-56-241 - Privilege and License Tax

(a) There is levied and imposed, in addition to all othertaxes of every kind now imposed by law, a privilege or license tax upon everyperson, firm, or corporation engaging in the business of renting or furnishingany room or rooms, lodging, or accommodations to transients in any hotel,motel, inn, tourist camp, tourist cabin, or any other place in which rooms,lodgings, or accommodations are regularly furnished to transients for aconsideration, in an amount of four percent of the charge for the room, rooms, lodgings,or accommodations, including the charge for use or rental of personal propertyand services furnished in the room; provided,however, that there is exempted from the tax levied under this section anyrentals or services taxed under Division 1, commencing with Section 40–23–1, ofArticle 1 of Chapter 23 of Title 40. Thetax shall not apply to rooms, lodgings, or accommodations supplied for a periodof 30 continuous days or more in any place.(b) The tax herein levied shall be collectedin the same manner as the state lodgings tax as providedin Chapter 26 of Title40, and the net proceeds, less a reasonablecost of collection, from the tax

e.(b) The tax herein levied shall be collectedin the same manner as the state lodgings tax as providedin Chapter 26 of Title40, and the net proceeds, less a reasonablecost of collection, from the tax shall be paid into the county treasury to beallocated as follows:(1) Twentypercent to be used exclusively for the promotion of tourism and economicdevelopment.(2) Eighty percentto the Randolph County GeneralFund. (Act 2003–268, p. 635, §§ 2, 3.)