Bill Summary for H 504 (2015-2016)

Summary date: 

Apr 2 2015
S.L. 2015-256

Bill Information:

View NCGA Bill Details2015-2016 Session
House Bill 504 (Local) Filed Wednesday, April 1, 2015
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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