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Possible hotel tax coming to Baton Rouge

1 year 8 months 1 week ago May 13, 2015 May 13, 2015 Wednesday, May 13 2015 May 13, 2015 9:05 AM in News
Source: WBRZ
By: Joe Hagan

BATON ROUGE- The East Baton Rouge Metro Council is deciding whether to approve two proposed taxing districts for downtown hotels.

Plans call for a new Holiday Inn Express and Courtyard Mariott. Developers of both projects are seeking new tax increment financing districts. These new districts would allow developers to take out a loan for the construction of the hotels, and then pay the loan back using money from sales tax rebates.

The new hotels want a 2 percent sales tax rebate on rooms from the East Baton Rouge Parish government.

The Courtyard Mariott will be constructed on an empty lot in downtown Baton Rouge, and the Holiday Inn Express will be built in the old Baton Rouge Savings and Loan building.

The Metro Council is expected to vote on the new tax increment financing districts later this month.

 

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