NC H232

Authorizes Mitchell County Board of Commissioners to levy an additional room occupancy tax of up to 3% of gross receipts from accommodation rentals, in addition to the existing 3% tax already authorized.

The additional occupancy tax may only be levied if the county also levies the existing 3% occupancy tax authorized under current law.

Mitchell County must remit net proceeds from occupancy taxes quarterly to the Mitchell County Tourism Development Authority on a quarterly basis.

Tourism Development Authority must use at least two-thirds of funds to promote travel and tourism in Mitchell County, with remaining funds used for tourism-related expenditures.

The act becomes effective when it becomes law.