§20–433.    IN EFFECT

    (a)    Subject to subsection (b) of this section, a municipality shall set the rate of the hotel rental tax.

    (b)    The hotel rental tax for a municipality may not exceed 2%.

§20–433.    ** TAKES EFFECT JULY 1, 2027 PER CHAPTER 638 OF 2025 **

    (a)    Subject to subsection (b) of this section, a municipality shall set the rate of the hotel rental tax.

    (b)    The hotel rental tax for a municipality may not exceed 2%.

    (c)    If a municipality modifies a hotel rental tax rate under this section, the municipality shall:

        (1)    modify the rate effective on July 1 of the year that the municipality designates; and

        (2)    notify the Comptroller in writing of the rate change on or before January 1 preceding the effective date of the rate change.