House committee substitute to the 3rd edition makes the following changes.  

Part XVIII.

Amends SL 1985-923, as amended, as follows. If the Swain County Board of Commissioners (Board) levies the 3% and 1% room occupancy taxes authorized by the act, authorizes the Board to levy an additional room occupancy tax of up to 2% of the gross receipts derived from the rental of accommodations taxable under the act.  

Deletes provisions that would have converted the Swain County Tourism Development Authority (TDA) to the Swain County-Bryson City TDA. Makes conforming changes and deletions. Deletes provisions requiring the Office of the State Auditor (OSA) to audit the Swain County Tourism Development Authority for 2020-21, 2021-22, and 2022-23 along with required report of the OSA’s findings to the specified NCGA committee. Deletes requirement that the TDA establish a website. 

Makes clarifying changes.

Part XXV.

Amends Section 1(e) of SL 2005-68 as follows. Expands the way Mecklenburg County may repeal the occupancy tax related to the financing or refinancing of the NASCAR Hall of Fame Museum (“NASCAR Occupancy Tax”) to include the process set forth under GS 153A-155(f).  Changes the required repeal date to not earlier than the later of July 1, 2038, or July 1 after the date of final satisfaction of any debt instruments or obligations issued by the City of Charlotte or a related special purpose entity in connection with the financing or refinancing of the NASCAR Hall of Fame Museum facility but not later than July 1, 2060 (currently, repeal must occur the earlier of July 1, 2038, or July 1 after the date of final satisfaction of the debt instruments or obligations previously described).

Amends Section 1(f) of SL 2005-68 as follows. Expands how the City of Charlotte may use the proceeds of the NASCAR Occupancy Tax to include renovation, improvement, and refinancing of a NASCAR Hall of Fame Museum facility and an ancillary and adjacent NASCAR/convention center ballroom facility, in addition to other listed uses.

Makes organizational changes to account for new subsections.