NC H260

Authorizes the Town of Scotland Neck Board of Commissioners to levy a prepared food and beverages tax of up to 1% on retail sales within the town, in addition to state and local sales tax.

Tax applies to prepared food, alcoholic beverages, and catering services performed in the town; excludes vending machine sales, boardinghouse meals, grocery store sales, federal military reservations, and employer-provided meals.

Retailers must collect the tax separately from the sales price and remit monthly to the town or administering authority by the 20th of each month; the town may contract with Halifax County for administration.

Tax revenues may be reduced by up to 3% for direct administration and collection costs, with remaining proceeds dedicated to promotion of travel and tourism in Scotland Neck.

Tax becomes effective on the first day of a calendar month, no earlier than the fourth month after the resolution is adopted; repeal or reduction may only occur on the first day of a month at the end of a fiscal year.