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NC H508

Bill

Official Source

Status

Passed

6/16/2011

Primary Sponsor

Martha Alexander

Click for details

Origin

House of Representatives

2011-2012 Session

AI Summary

  • Amends the distribution provisions of Mecklenburg County local taxes by adding new requirements for three towns regarding tourism funding
  • Towns of Cornelius, Davidson, and Huntersville must distribute to the Lake Norman Convention and Visitors Bureau at least 28% of occupancy tax net proceeds received from the local administrative authority
  • These same towns must distribute to the Lake Norman Convention and Visitors Bureau at least 25% of prepared food and beverage taxes received from the City of Charlotte
  • The distributions are designated for tourism-marketing promotions and other tourism-related purposes
  • Effective upon becoming law, ratified June 16, 2011

Legislative Description

Modify Mecklenburg County Local Taxes

Last Action

Ch. SL 2011-160

6/16/2011

Committee Referrals

Finance6/14/2011
Rules and Operations of the Senate6/10/2011
Finance4/14/2011
Government3/30/2011

Full Bill Text

No bill text available