Bill

Bill > H231


NC H231

NC H231
Yancey County Occupancy Tax Modification


summary

Introduced
02/28/2023
In Committee
06/12/2023
Crossed Over
03/29/2023
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 a room occupancy tax of up to 6% (3% under the existing law and an additional 3% under this bill) on the gross receipts from the rental of accommodations subject to the state sales tax. The bill also creates the Yancey County Tourism Development Authority to administer the tax revenue, requiring at least two-thirds of the funds to be used to promote travel and tourism in the county, with the remainder used for tourism-related expenditures. The bill provides guidelines for the Authority's membership, duties, and reporting requirements.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (1)

Last Action

Re-ref to Finance. If fav, re-ref to Rules and Operations of the Senate (on 06/12/2023)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...