Conference report to the 5th edition makes the following changes.

Part XXVI.

Inserts new part XXVI, pertaining to occupancy taxes for the municipalities of Burlington, Elon, Graham, and Mebane (collectively, “the municipalities”) as follows. Authorizes the municipalities to levy a room occupancy tax of up to 3% of the gross receipts derived from the rental of an accommodation within the municipality that is subject to State sales tax if the municipality also either adopts a resolution (1) creating a municipal Tourism Development Authority (TDA), if it is the first municipality to levy a tax under the act or (2) joining the TDA if one has already been created. Provides that the tax must be levied, administered, collected, and repealed as provided in GS 160A-215 (uniform provisions for room occupancy taxes).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 TDA to use at least two-thirds of the occupancy tax proceeds to promote travel and tourism in the municipality represented by the account from which the funds are derived and the other one-third in each account for tourism related expenditures in the municipality represented by the account from which the funds are derived. Specifies that to the extent funds from one account are used outside the municipality represented by the account, the expenditure of funds must be consistent with the purposes of the act and must provide a direct benefit to the municipality expending the funds. Requires that at least one-third of the TDA members must be individuals affiliated with the businesses that collect the tax in the municipality, and at least one-half of the TDA membership must be individuals who are currently active in the promotion of travel and tourism in the municipality. Provides for further parameters of TDA members, meetings, and duties. Requires quarterly and end of fiscal year reports to the governing body of each of the municipalities that levy a tax under the act.

Part XXVII.

Makes organizational changes and conforming changes to GS 160A-215 to account for new section.