Bill Summary for S 552 (2017-2018)

Summary date: 

Jun 27 2017
S.L. 2017-202

Bill Information:

View NCGA Bill Details2017-2018 Session
Senate Bill 552 (Public) Filed Thursday, March 30, 2017
AN ACT TO MAKE VARIOUS OCCUPANCY TAX CHANGES AFFECTING THE CITIES OF SANFORD, SALUDA, JACKSONVILLE, HICKORY AND CONOVER AND AFFECTING THE COUNTIES OF HARNETT, SAMPSON, YADKIN, AND ROWAN.
Intro. by Tillman, Cook.

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Bill summary

House amendment #1 amends the 2nd edition.

Adds new Part IV. Amends Sections 1 and 3 of SL 2009-169, directing the Hickory-Conover Tourism Development Authority to use the proceeds from the occupancy taxes levied by the Cities of Hickory and Conover to be used as follows: prior to and through December 31, 2029 (currently, December 31, 2019), two-thirds of the funds are to be used to provide for a convention center facility with the remainder to be used to promote travel and tourism in the area; and after December 31, 2029 (currently, December 31, 2019), two-thirds of the funds are to be used to promote travel and tourism in the area with the remainder to be used for tourism-related expenditures.

Makes conforming changes to the long title.

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