Bill Summary for H 408 (2023-2024)
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View NCGA Bill Details | 2023-2024 Session |
AN ACT TO AUTHORIZE THE DIVISION OF MOTOR VEHICLES TO PRODUCE A CHARLOTTE FOOTBALL CLUB SPECIAL REGISTRATION PLATE.Intro. by Bradford.
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Bill summary
House committee substitute to the 2nd edition adds the following content. Makes conforming changes to the act's titles.
Amends Section 9.1 of SL 1983-908, as amended, as follows. Extends the repeal of Section 7 and Section 9(a)(4)b., the Mecklenburg County prepared food and beverages tax and distribution of a portion of occupancy tax proceeds to specified Mecklenburg County towns, to July 1, 2060.
Amends SL 2005-68, concerning the 2% room occupancy tax the Mecklenburg County Board of Commissioners may levy, with proceeds distributed to Charlotte for the acquisition, construction, repair, maintenance, and financing of a NASCAR Hall of Fame Museum facility and an ancillary and adjacent NASCAR/convention center ballroom facility. Requires a repeal of the tax to also be in accordance with GS 153A-155(f). Extends the sunset on the tax until July 1, 2060. Amends the allowable use of the tax proceeds to also include renovation, improvement, and refinancing of a NASCAR Hall of Fame Museum facility and an ancillary and adjacent NASCAR/convention center ballroom facility.