Bill Summary for H 504 (2015-2016)
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| View NCGA Bill Details | 2015-2016 Session |
AN ACT TO AUTHORIZE MOORE COUNTY TO LEVY AN ADDITIONAL OCCUPANCY TAX.Intro. by Boles.
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Bill summary
Amends SL 2011-113 concerning Moore County occupancy tax, adding a new subsection that authorizes the Moore County Board of Commissioners to levy an additional room occupancy tax of up to 3%. Provides that this tax cannot be levied unless the base occupancy tax of 3% is also levied. Adds language requiring the Moore County Tourism Development Authority to use the remaining unencumbered 1/3 of the tax revenue to research, design, construct, provide, finance, operate, maintain, and market a regional sports complex in Moore County, as authorized in GS Chapter 160A, Article 20.
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