Bill

Bill > S162


NC S162

NC S162
Yancey County Occupancy Tax Increase


summary

Introduced
02/27/2023
In Committee
06/21/2023
Crossed Over
06/26/2023
Passed
Dead
12/13/2024

Introduced Session

2023-2024 Session

Bill Summary

AN ACT TO CONFORM AND INCREASE THE YANCEY COUNTY OCCUPANCY TAX AUTHORIZATION.

AI Summary

This bill conforms and increases the Yancey County occupancy tax authorization. It allows Yancey County to levy up to a 6% room occupancy tax (3% base tax and an additional 3% tax) on the rental of accommodations subject to the state sales tax. The proceeds from the tax must be used to promote travel and tourism and for tourism-related expenditures, with at least two-thirds of the funds used for promotion. The bill also establishes the Yancey County Tourism Development Authority to administer the tax revenue.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred To Rules, Calendar, and Operations of the House (on 06/26/2023)

bill text


bill summary

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