Bill Summary for H 240 (2023-2024)

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Summary date: 

Mar 1 2023

Bill Information:

View NCGA Bill Details2023-2024 Session
House Bill 240 (Local) Filed Wednesday, March 1, 2023
AN ACT TO AUTHORIZE THE TOWN OF FOUR OAKS TO LEVY AN OCCUPANCY TAX.
Intro. by Strickland, White, Penny.

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Bill summary

Authorizes the Four Oaks Board of Commissioners to levy a room occupancy tax of up to 2%. Provides that the tax must be levied, administered, collected, and repealed as provided in GS 160A-215(uniform provisions for room occupancy taxes). Requires the Johnson County Tourism Development Authority (TDA) to use at least two-thirds of the occupancy tax proceeds to promote travel and tourism in the town and the remainder for tourism–related expenditures. Makes conforming changes.