Bill Summary for H 553 (2013-2014)
May 6 2013
|View NCGA Bill Details||2013-2014 Session|
A BILL TO BE ENTITLED AN ACT TO MODIFY CARTERET COUNTY'S AUTHORITY TO LEVY AN ADDITIONAL ONE PERCENT ROOM OCCUPANCY AND TOURISM DEVELOPMENT TAX AND TO MODIFY THE DISTRIBUTION OF THE PROCEEDS OF THE TAX.Intro. by McElraft.
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House committee substitute to the 1st edition makes the following changes. Further amends SL 2007-112, Section 2(i), to provide that Carteret County may not accumulate a balance of tax proceeds for beach nourishment in excess of $30 million.