Bill Summary for S 50 (2015-2016)

Summary date: 

Aug 4 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.

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Bill summary

Conference report makes the following changes to the 4th edition. 

Reinstates the requirement of the 3rd edition that the Wilson County Board of Commissioners remit one-third of the net proceeds of the room occupancy tax to the Wilson County Tourism Development Authority (Authority) to promote travel and tourism in the county and the remaining two-thirds to the City of Wilson for tourism-related expenditures specifically approved by the tourism authority. The conference report specifically allows the City of Wilson to use funds for the Gillette Athletic Complex or other sports complexes. 

Requires the City of Wilson to report quarterly and at the close of the fiscal year to the Authority on its receipts and expenditures. Requires the Authority likewise to report quarterly and at the close of the fiscal year to the board of county commissioners on its own and the city's receipts and expenditures.

Makes technical changes. 

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