Bill Summary for H 504 (2015-2016)
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Bill Information:
| View NCGA Bill Details | 2015-2016 Session |
AN ACT TO AUTHORIZE MOORE COUNTY TO LEVY AN ADDITIONAL OCCUPANCY TAX.Intro. by Boles.
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Bill summary
House committee substitute makes the following changes to the 1st edition.
Removes an exception to the occupancy tax for accommodations furnished by nonprofit charitable, educational, or religious organizations when furnished in furtherance of their nonprofit purpose. Requires that the Moore County Tourism Development Authority use at least two-thirds of the tax proceeds for promotion of travel and tourism and the remainder for tourism-related expenditures (was, remainder used for activities related to a regional sports complex in the county).
Makes technical changes.
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