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this State and has no presence in this State other than its business as a re-renter, conducted remotely, shall determine on a quarterly basis, ending on the last day of March, June, September, and December, whether it meets the threshold of this subsection for the preceding 12-month period. If the re-renter of hotel rooms meets the threshold for a 12-month period, it is subject to tax under this Act and is required to remit the tax imposed under this Act and file returns for the 12-month period beginning on the first day of the next month after it determines that it meets the threshold. At the end of that 12-month period, the re-renter of hotel rooms shall determine whether it continued to meet the threshold during the preceding 12-month period. If the re-renter met the threshold for the preceding 12-month period, it is a hotel operator in this State and is required to remit the tax imposed under this Act and file returns for the subsequent 12-month period. If, at the end of a 12-month period during which such re-renter is required to remit the tax imposed under this Act, the re-renter determines that it did not meet the threshold during the preceding 12-month period, it shall subsequently determine on a quarterly basis, ending on the last day of March, June, September, and December, whether it meets the threshold for the preceding 12-month period. (c) No funds received pursuant to this Act shall be used to advertise for or otherwise promote new competition in the hotel business. SB3019 Enrolled LRB104 20255 HLH 33706 b Public Act 104-0468