FONTANA DAM OCCUPANCY TAX.

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View NCGA Bill Details2011-2012 Session
Senate Bill 942 (Local) Filed Wednesday, May 30, 2012
TO AUTHORIZE THE TOWN OF FONTANA DAM TO LEVY AN OCCUPANCY TAX.
Intro. by Davis.

Status: Re-ref Com On Finance (Senate Action) (Jun 7 2012)

Bill History:

S 942

Bill Summaries:

  • Summary date: May 30 2012 - View Summary

    Identical t oH 1087, filed 5/23/12.

    Authorizes the Fontana Dam Town Council to levy an additional room occupancy tax of up to 3%. Provides that both the existing and additional tax must be levied, administered, collected, and repealed as provided in GS 160A-215 (Uniform provisions for room occupancy taxes). Requires the Fontana Dam Tourism Development Authority (TDA) to use at least two-thirds of the occupancy tax proceeds to promote travel and tourism (primarily marketing activity) in the city and the remainder for other tourism-related expenditures (may include tourism-related capital expenditures). Mandates that at least one-third of the TDA's members must be affiliated with businesses that collect the tax in the city and at least one-half must be currently active in the city's travel and tourism promotion. Makes other conforming changes.