Proposal would raise Louisville's hotel tax by 1% - wave3.com-Louisville News, Weather & Sports

Proposal would raise Louisville's hotel tax by 1%

The Galt House (Source: WAVE 3 News Archives) The Galt House (Source: WAVE 3 News Archives)
Hyatt Regency Louisville (Source: WAVE 3 News Archives) Hyatt Regency Louisville (Source: WAVE 3 News Archives)
LOUISVILLE, KY (WAVE) – Louisville’s hotel room tax would increase by 1 percent to fund upgrades at the downtown convention center under a plan that Metro Council will debate this month.

The proposal calls for increasing the room tax at all Jefferson County hotels to 9.5 percent from 8.5 percent. The additional tax money would partially fund the expansion and renovation of the aging Kentucky International Convention Center.

“This expansion is crucial to all of the new hotel development happening in downtown Louisville,” Karen Williams, chief executive officer of the Louisville Convention and Visitors Bureau, said in a statement.

Louisville could attract up to 25 percent more convention business with a larger convention center, Williams said.

State lawmakers allowed the tax increase with a bill approved during the 2014 legislative session, while the state also agreed to borrow $56 million to support the construction project.

If lawmakers approve the increase, Louisville’s occupancy rate, which includes a room tax, state sales tax, and an adjustable sales tax only on hotels, would rank in the middle of the pack among peer cities, according to data provided by the Convention and Visitors Bureau.

Louisville’s 16.07 percent proposed rate would be higher than Dallas, Nashville and Charlotte, but lower than Houston, Indianapolis and Cincinnati.

Metro Council members will introduce the proposed ordinance at a Thursday meeting, and it will go before committee July 17.

The full Council could approve it as early as July 24, meaning the tax increase could begin Aug 1.

Copyright 2014 WAVE 3 News. All rights reserved.

  • WAVE 3 NewsNEWSMore>>

  • MUGSHOT MONDAY: January 2017 Roundup

    MUGSHOT MONDAY: January 2017 Roundup

    Monday, April 18 2016 11:14 AM EDT2016-04-18 15:14:48 GMT
    Sunday, January 22 2017 11:50 PM EST2017-01-23 04:50:11 GMT

    See who's been arrested this month in WAVE Country and read about the crimes they're accused of committing. An arrest is not a presumption of guilt.

    More >>

    See who's been arrested this month in WAVE Country and read about the crimes they're accused of committing. An arrest is not a presumption of guilt.

    More >>
  • Man on finding toddler: 'One of the worst feelings ever'

    Man on finding toddler: 'One of the worst feelings ever'

    Monday, January 23 2017 12:16 AM EST2017-01-23 05:16:23 GMT
    Kaleb Nicholson is being called a hero for locating the body of William Roberts early Sunday morning. (Source: Daniel Paxton/ WAVE 3 News)Kaleb Nicholson is being called a hero for locating the body of William Roberts early Sunday morning. (Source: Daniel Paxton/ WAVE 3 News)

    The mother of two-year-old William Roberts took her eyes off her son for a couple minutes Saturday afternoon, according to police. The toddler disappeared in a creek in Borden, Indiana around 230 p.m. 

    More >>

    The mother of two-year-old William Roberts took her eyes off her son for a couple minutes Saturday afternoon, according to police. The toddler disappeared in a creek in Borden, Indiana around 230 p.m. 

    More >>
  • UofL to open exhibit remembering flood of 1937

    UofL to open exhibit remembering flood of 1937

    Sunday, January 22 2017 10:30 PM EST2017-01-23 03:30:04 GMT
    Much of Louisville was underwater 80 years ago. (Source: WAVE 3 News)Much of Louisville was underwater 80 years ago. (Source: WAVE 3 News)

    Almost 80 years ago, much of Louisville was underwater during a time of severe flooding, and UofL's library is opening an exhibit to remember. 

    More >>

    Almost 80 years ago, much of Louisville was underwater during a time of severe flooding, and UofL's library is opening an exhibit to remember. 

    More >>
Powered by Frankly