Bill Summary for H 1203 (2011-2012)
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Summary date:
May 30 2012
Bill Information:
View NCGA Bill Details | 2011-2012 Session |
TO MODIFY THE AMOUNT OF THE MARTIN COUNTY OCCUPANCY TAX REVENUE THAT MAY BE RETAINED BY THE COUNTY FOR ADMINISTRATIVE EXPENSES.Intro. by E. Warren, Tolson.
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Bill summary
Amends SL 1991-80, as title indicates, to allow 6% (was, 3%) of the first $500,000 of gross proceeds collected each year to be retained for administrative costs.