NC H220

Town of Lansing Board of Aldermen may levy up to 3% occupancy tax on accommodation rentals subject to state sales tax, with net proceeds distributed quarterly to Lansing Tourism Development Authority.

Town of Jefferson Board of Aldermen may levy up to 3% occupancy tax on accommodation rentals, with net proceeds distributed quarterly to Jefferson Tourism Development Authority.

Stokes County Board of Commissioners may levy up to 6% occupancy tax on accommodation rentals, with net proceeds distributed quarterly to Stokes County Tourism Development Authority.

Each jurisdiction must establish a Tourism Development Authority with membership including at least one-third individuals affiliated with tax-collecting businesses and at least one-half individuals active in tourism promotion.

Authority funds must be used with at least two-thirds directed to travel and tourism promotion and remainder for tourism-related expenditures; administration costs capped at 3% of first $500,000 and 1% of remaining gross proceeds annually.