Bill Summary for S 918 (2011-2012)

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Summary date: 

May 29 2012

Bill Information:

View NCGA Bill Details2011-2012 Session
Senate Bill 918 (Local) Filed Tuesday, May 29, 2012
TO AMEND THE PURPOSES FOR WHICH OCCUPANCY TAX PROCEEDS REMITTED TO THE DURHAM CONVENTION AND VISITORS BUREAU MAY BE USED.
Intro. by McKissick, Atwater.

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Bill summary

Amends Section 9 of SL 2001-480, as amended, to add that the Durham Convention and Visitors Bureau may use occupancy tax proceeds to cover tourism-related expenses and to retire debt incurred to finance such expenses.