ADDITIONAL NORTH TOPSAIL OCCUPANCY TAX.

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View NCGA Bill Details2021
House Bill 239 (Local) Filed Monday, March 8, 2021
AN ACT TO AUTHORIZE AN ADDITIONAL ONE PERCENT OCCUPANCY TAX FOR THE TOWN OF NORTH TOPSAIL BEACH FOR BEACH NOURISHMENT PURPOSES.
Intro. by Shepard.

Status: Re-ref Com On Finance (House action) (Mar 16 2021)
H 239

Bill Summaries:

  • Summary date: Mar 16 2021 - View Summary

    House committee substitute amends the 1st edition by making a technical correction to an internal cross-reference in the modified tax proceeds restrictions of subsection (c) of Part V of SL 2001-439.


  • Summary date: Mar 8 2021 - View Summary

    Amends Part V of SL 2001-439, which authorizes the North Topsail Beach Board of Aldermen (board) to levy a 3% room occupancy tax under subsection (a). Enacts news subsection (a1), authorizing the board to levy an additional 1% room occupancy tax; conditions levy of the tax under new subsection (a1) upon also levying the tax under subsection (a). Restricts the use of proceeds of the tax levied under new subsection (a1) for the nonfederal partner match requirements for a beach nourishment qualifying project, defined as a beach renourishment project with the Army Corps of Engineers that is estimated to have a total cost of approximately $900 million, consists of an estimated renourishment cycle over a span of approximately 50 years, and requires a nonfederal partner match for a portion of which the town will be responsible.