NC H231

Increases Yancey County's room occupancy tax authorization from 3% to 6% of gross receipts by allowing an additional 3% tax on hotel and motel accommodations, provided the county levies the original 3% tax.

Establishes a Yancey County Tourism Development Authority as a public authority to administer occupancy tax revenues, replacing the previous arrangement with the Chamber of Commerce Tourism Committee.

Requires the Authority to use at least two-thirds of net proceeds to promote travel and tourism and the remainder for tourism-related expenditures in the county.

Limits county administrative costs to 3% of the first $500,000 of annual gross proceeds and 1% of remaining gross receipts, with net proceeds defined as gross proceeds minus administration costs.

Requires quarterly and annual reporting by the Authority to the Yancey County Board of Commissioners and clarifies that tax administration follows state law under G.S. 153A-155.