H531 - Dare County Local Tax Clarification

• Clarifies permitted uses of Dare County's 1% occupancy tax and 1% prepared food and beverage tax collected by the Dare County Tourism Board.

• Specifies that 75% of tax proceeds shall fund tourism administration and promotion, including advertising for off-peak events, marketing research, and hospitality functions.

• Restricts the 25% of tax proceeds to services responding to tourism impacts during peak season, specifically: increased traffic control, police, lifeguard, and sanitation personnel.

• Prohibits the 25% restricted fund from being used for real estate purchases or for events and improvements designed to increase tourism.

• Requires Tourism Board approval from Dare County Board of Commissioners before purchasing real property or using funds for the 25% restricted purposes; effective upon enactment.