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The GSA establishes per diem rates within the Continental United States for hotels "based upon contractor-provided average daily rate (ADR) data of fire-safe properties in the local lodging industry"; [6] this means that per diem varies depending on the location of the hotel—for instance, New York City has a higher rate than Gadsden, Alabama. [7]
Lodging is reimbursed on a cost-basis with a location-dependent cap. [2] Domestic M&IE and Lodging rates are established by the General Services Administration while overseas rates are determined by the United States Department of State Office of Allowances. [3] Some locations have furnished apartments for long-term stay.
Statewide, all hotel occupancies are levied a 6% tax. This tax applies to only 94% of gross receipts. In the city of Chicago, three other taxes apply. The first funds the Illinois Sports Facilities Authority at a rate of 2% on 98% of gross receipts. The second funds the Metropolitan Pier and Exposition Authority at a rate of 2.5% on all gross ...
The Federal Trade Commission announced a final rule banning ticketing and short-term rental companies from including hidden junk fees in their total price on Tuesday.
In a sweeping change that could save American consumers time and money -- the Federal Trade Commission (FTC) on Tuesday finalized a rule that would ban surprise "junk fees" for live event tickets ...
Hotel and Motel Fire Safety Act of 1990 was established to acknowledge the evolving apprehension of fire safety criteria for the hospitality industry.The United States federal statute was an amendment to the Federal Fire Prevention and Control Act of 1974 implementing an adjunct promoting fire and life safety decrees for domiciles providing public accommodations.
IRMCO 2011 was held in Washington, D.C., at the Kellogg Conference Center and Hotel on the campus of Gallaudet University. [56] Shortly after IRMCO 2011, GSA's Associate Administrator for Governmentwide Policy, Kathleen Turco, announced to the media that she and other GSA officials felt that IRMCO had lost its spark and retired from the event. [57]
At the conclusion of its sixth rate-setting policy meeting of 2024 on September 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 50 basis points to ...