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HOT Applications Being Accepted
06/12/2018
HOT Applications Being Accepted

It's that time again! Applications for HOT funds are being accepted at the
Chamber. Don't know what HOT funds are? Here is a brief explanation. The
City collects taxes from hotels, motels, B&B's and inns. A portion of those
funds are awarded to qualifying businesses in August of each year. What
qualifies a business? Under state law, the revenue from the HOT may be used
only to directly promote tourism and the convention and hotel industry.
Chapter 351 of the Tax Code states that the use of HOT funds is limited to: 

TOURISM
THE ARTS 
VISITORS CENTER
CONVENTIONS
HISTORICAL RESTORATION
SPORTING EVENTS
All of these events must prove to increase hotel occupancy during the event.

If you think your business event may qualify, contact the chamber at 409-384-2762 or email
jaspercc@jaspercoc.org

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