HB 443 — Indian Trail/Stallings Occupancy Tax Authorization.

GENERAL ASSEMBLY OF NORTH CAROLINA H.B.SESSION 2021 H 1 HOUSE BILL 443 Short Title:

443 Mar 29, 2021 SESSION 2021 HOUSE PRINCIPAL CLERK H D HOUSE BILL DRH40226-MCxf-46 Short Title:

For a complete list of sponsors, refer to the North Carolina General Assembly web site.

Local Government, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House March 30, 2021 A BILL TO BE ENTITLED AN ACT TO AUTHORIZE THE TOWN OF INDIAN TRAIL AND A PORTION OF THE TOWN OF STALLINGS TO LEVY AN OCCUPANCY TAX.

*H443-v-1* General Assembly Of North Carolina Session 2021 A room occupancy tax shall become effective on the date specified in the resolution levying the tax.

*DRH40226-MCxf-46* General Assembly Of North Carolina Session 2021 (b1) Rate Increase.

– The Town of Indian Trail shall, on aquarterlybasis, remit thenet proceeds of theoccupancytaxtotheoccupancytax theto IndiantheIndian Trail Tourism Development Authority.

The Town Council shall designate one member of the AuthorityAuthorityas as chair and shall determine the compensation, if any, to be paid to members of the Authority.

Page 2 House Bill 443-First Edition General Assembly Of North Carolina Session 2021 2 PART II.

STALLINGS OCCUPANCY TAX Page 2 DRH40226-MCxf-46 General Assembly Of North Carolina Session 2021 SECTION2.1.

SECTION 2.2.(a) OccupancyOccupancytax. tax.

– Gross proceeds less the cost to the district of administering and collectingcollectingthetax,as thetax,as determinedbythefinanceofficer,not to exceedthree percent (3%) of the first five hundred thousand dollars ($500,000) of gross House Bill 443-First Edition Page 3 General Assembly Of North Carolina Session 2021 proceeds collected each year and one percent (1%) of the remaining gross receipts collected each year.

DRH40226-MCxf-46 Page 3 General Assembly Of North Carolina Session 2021 (2) Promote travel and tourism.

– The Authority shall expend the net proceeds of the tax levied underthis section forthepurposes providedin subsectionsubsection(d)ofthissection. (d)ofthissection.TheAuthority shall promote travel, tourism, and conventions in the district;

TheAuthority shall promote travel, tourism, and conventions in the district;

– The Authority shall report quarterly and at the close of the fiscal year to the governing body of the district on its receipts and expenditures for the preceding quarter and for the year in such detail as the governinggoverningbodyof bodythe ofdistrict thedistrictmayrequire. may require.

– Subsection (c) of this section applies to all cities that levy an occupancyoccupancytax. tax.

To the extent subsection (c) conflicts with anyanyprovision provision of a local act, subsection (c) supersedes that provision.

The remainder of this section applies only to Beech Mountain District W, to the Cities of Belmont, Conover, Eden, Elizabeth City, Gastonia, Goldsboro, Greensboro, Hickory, High Point, Indian Trail, Jacksonville, Kings Mountain, Lake Santeetlah, Lenoir, Lexington, Lincolnton, Lowell, Lumberton, Monroe, Mount Airy, Mount Holly, Page 4 House Bill 443-First Edition General Assembly Of North Carolina Session 2021 Reidsville, Roanoke Rapids, Salisbury, Sanford, Shelby, Statesville, Washington, and Wilmington, to the Towns of Ahoskie, Beech Mountain, Benson, Bermuda Run, Blowing Rock, Page 4 DRH40226-MCxf-46 General Assembly Of North Carolina Session 2021 Boiling Springs, Boone, Burgaw, Carolina Beach, Carrboro, Cooleemee, Cramerton, Dallas, Dobson, Elkin, Fontana Dam, Franklin, Grover, Hillsborough, Jonesville, Kenly, Kure Beach, Leland, McAdenville, Mocksville, Mooresville, Murfreesboro, North Topsail Beach, Pembroke, Pilot Mountain, Ranlo, Robbinsville, Selma,Smithfield,Selma, Smithfield, St.

DRH40226-MCxf-46House Bill 443-First Edition Page 5