185.03 SEMI-ANNUAL PAYMENT.
   The lodging excise tax levied by Section 185.01 shall be remitted to New Lexington on a semi-annual basis based upon lodging furnished to transient guests within the following semi-annual periods: that period of time between January 1 through June 30, both inclusive; and that period of time between July 1 through December 31, both inclusive. The semi-annual payment for the January 1 through June 30 semi-annual period shall include all lodging excise taxes collected for lodging furnished to transient guests during the months of January, February, March, April, May, and June. The semi-annual payment for the July 1 through December 31 semi-annual period shall include all lodging excise taxes collected for lodging furnished to transient guests during the months of July, August, September, October, November, and December. The semi-annual payment of the lodging excise tax shall be due and payable on or before the last day of the next succeeding calendar month following the end of a semi-annual period. To this end, the semi-annual payment for the January 1 through June 30 semi-annual period shall be due and payable on or before July 31 of the collection year. The semi-annual payment for the July 1 through December 31 semi-annual period shall be due and payable on or before January 31 of the next succeeding calendar year. A late charge of ten percent (10%) of the tax due shall be added to any payment not made by the due date.
(Res. 23-9. Passed 2-21-23.)