NC H1667

Authorizes the towns of Mocksville, Bermuda Run, and Cooleemee to levy a room occupancy tax of up to 3% on gross receipts from hotel, motel, inn, and similar lodging facilities subject to state sales tax.

Requires each town to remit net proceeds quarterly to a Tourism Development Authority, with at least two-thirds used to promote travel and tourism and the remainder for tourism-related expenditures.

Establishes a Tourism Development Authority in each town with membership including at least one-third individuals affiliated with tax-collecting businesses and at least one-half individuals active in tourism promotion.

Defines net proceeds as gross proceeds minus administrative costs (up to 3% of the first $500,000 collected annually and 1% of remaining amounts), and specifies that the tax does not apply to accommodations provided by nonprofit charitable, educational, or religious organizations.

Adds Mocksville, Bermuda Run, and Cooleemee to the list of municipalities authorized to levy occupancy taxes under G.S. 160A-215.