Bill Summary for S 50 (2015-2016)
Printer-friendly: Click to view
Summary date:
Bill Information:
View NCGA Bill Details(link is external) | 2015-2016 Session |
AN ACT TO INCREASE THE AUTHORIZATION FOR WILSON COUNTY TO LEVY AN OCCUPANCY TAX.Intro. by Bryant.
View: All Summaries for Bill | Tracking: |
Bill summary
The new conference report makes the following changes to the 4th edition:
Updates and corrects references to the past session laws that have amended Section 1 of Chapter 484 of the 1987 Session Laws, being the initial authorization for the Wilson County occupancy tax.
Amends subsection (a) of Section 1 of Chapter 484 of the 1987 Session Laws, deleting language which provided that the occupancy tax did not apply to accommodations offered by the specified nonprofits in furtherance of their nonprofit purpose. Also amends subsection (e) concerning the distribution and use of the tax revenue, providing that 1/3 of the funds remitted must be used for tourism-related expenditures mutually agreed upon by the Wilson County Tourism Development Authority and the Wilson City Council (previously, there was not an agreement requirement for the expenditure of the remaining 1/3 of the occupancy tax funds).