Bill Summary for S 50 (2015-2016)

Summary date: 

Apr 28 2015
S.L. 2016-65

Bill Information:

View NCGA Bill Details2015-2016 Session
Senate Bill 50 (Local) Filed Monday, February 9, 2015
AN ACT TO INCREASE THE AUTHORIZATION FOR WILSON COUNTY TO LEVY AN OCCUPANCY TAX.
Intro. by Bryant.

View: All Summaries for BillTracking:

Bill summary

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

Deletes the content of the previous edition and replaces it with the following.

Amends Chapter 484 of the 1987 Session Laws, as amended, to allow the Wilson County Board of Commissioners to levy an additional room occupancy tax of up to 3%. Requires the county to remit the proceeds of the initial occupancy tax to the Wilson County Tourism Development Authority (Authority) monthly (was, quarterly) and requires that one-third of the proceeds of the additional occupancy tax be remitted monthly to the  Authority with the remaining two-thirds remitted to the City of Wilson. Increases the amount of the funds that must be used to promote travel and tourism in the county from two thirds to seven-eights. Requires the city to use at least one-fourth of the funds remitted to it to promote travel and tourism in the county and the remainder for tourism-related expenditures in the county that have been specifically approved in advance by the Authority. Requires the city to report quarterly and at the end of the fiscal year to the Authority. Makes conforming changes.

Amends the act's short and long titles.

© 2021 School of Government The University of North Carolina at Chapel Hill

This work is copyrighted and subject to "fair use" as permitted by federal copyright law. No portion of this publication may be reproduced or transmitted in any form or by any means without the express written permission of the publisher. Distribution by third parties is prohibited. Prohibited distribution includes, but is not limited to, posting, e-mailing, faxing, archiving in a public database, installing on intranets or servers, and redistributing via a computer network or in printed form. Unauthorized use or reproduction may result in legal action against the unauthorized user.

Printer-friendly: Click to view