1. Impose an additional 2.00% bed tax. Effective October 01, 1993, bed tax rate increases to 3.00%. Increase the additional tax to 3.40% effective August 01, 2010.
2. Adopted Appendix IV.
3. Impose a 1.65% tax rate for residential rental. Effective July 31, 2011.
4. Section 8A-446 is added as follows: (Effective November 17, 2011).
Sec. 8A-446. Additional tax on non-residential rental business activity.
In addition to the taxes levied under Section 8A-445, there is hereby levied and shall be collected by the Tax Collector an additional tax in the amount equal to eighty five hundredths percent (0.85%) of the gross income from the business activity of any person engaged in the rental, leasing or licensing of nonresidential property or property units.