SANFORD OCCUPANCY TAX AUTHORIZATION.

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View NCGA Bill Details2015-2016 Session
House Bill 490 (Local) Filed Wednesday, April 1, 2015
AN ACT TO AUTHORIZE THE CITY OF SANFORD TO LEVY AN OCCUPANCY TAX.
Intro. by

Status: Re-ref Com On Rules, Calendar, and Operations of the House (House Action) (Jul 30 2015)
H 490

Bill Summaries:

  • Summary date: Jul 30 2015 - View Summary

    House committee substitute makes the following changes to the 1st edition.

    Removes a sentence exempting from the occupancy tax accommodations furnished by nonprofit charitable, educational, or religious organizations. 

    Requires the Sanford Tourism Development Authority to use 100% of funds raised by the occupancy tax to promote tourism and travel in Sanford and removes provision authorizing the authority to finance tourist-related capital projects. The 1st edition required the authority to spend two-thirds of the funds to promote travel and tourism and the remainder for tourism-related expenditures, which the 1st definition defined as expenditures that increase the use of lodging and convention facilities, including capital expenditures. 

     


  • Summary date: Apr 2 2015 - View Summary

    Authorizes the Sanford City Council to levy a room occupancy tax of up to 3%. Provides that the tax must be levied, administered, collected, and repealed as provided in GS 160A-215 (uniform provisions for room occupancy taxes). Requires the Sanford Tourism Development Authority (TDA) to use at least two‑thirds of the occupancy tax proceeds to promote travel and tourism in the city and the remainder for tourism–related expenditures. Mandates that at least one‑third of the members of the TDA 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 conforming changes.