Bill Summary for H 518 (2011-2012)
Printer-friendly: Click to view
Summary date:
Jun 2 2011
S.L. 2011-161
Bill Information:
View NCGA Bill Details | 2011-2012 Session |
TO AUTHORIZE AN ADDITIONAL ONE PERCENT OCCUPANCY TAX FOR PERSON COUNTY.Intro. by Wilkins.
View: All Summaries for Bill | Tracking: |
Bill summary
House committee substitute makes the following changes to 1st edition. Deletes amendments made to subsection (c) of Section 14 of SL 1997-364 (distribution and use of tax revenue) in the previous edition, and rewrites the subsection to direct Person County, on a quarterly basis, to remit the net proceeds of the occupancy tax to the Person Tourism Development Authority, which must use at least two-thirds of the funds to promote travel and tourism in Person County and the remainder for tourism-related expenditures.