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5 <br />GENERAL ASSEMBLY 4F NORTH CAROLINA <br />SESSION 2001 <br />SESSION LA'W 2001-439 <br />SENATE BILL 92 <br />AN ACT TO AUTI3ORIZE VARIOUS ATUNICIPALITIES AND C-OUNTI>/SS TO <br />-LEVY ROOM OCCUPANCY TAXES. <br />The General Assembly of North Carolina: enacts: <br />SECTION 14.1. Occupancy tax. - (a)- Authorization -and Scope. -The <br />governing body of the Town of Carrboro may levy-a room occupancy tax of up to three <br />percent (3®/0)- of the gross r-eceipts derived from the rental of any rmom, lodgir}g, or <br />aeoommodation fur~ushed by a--',~otel~ motel, iru:y tourist camp, or similar place within the <br />town that is subject to sales tax imposed by the State under G.S. 105-164.4(a)(3). This <br />tax is in addition to any State or 1-ocal sales tax. This tax does not apply to <br />accommodations furnished by nonprofit charitable, educational, or religious <br />organizations when furnished in furtherance of their nonprofit purpose. <br />SECTI?~N-14.1.{b) Administration_ - A tax levied under this section shall be <br />levied, administered, collected; and repealed asprovided -~ G.S. i60A-213. The <br />penalties provided in G:S. 160A-215 apply to a_tax levied under this section. <br />SECTION 14.1.(c) Distribution and Use of Tax Revenue. -The Town of <br />Carrboro shall,. on a quarterly basis, remit the net proceeds of the occupancy tax to the <br />Carrboro Tourism Development Authority. The Authority shall use at least two-thirds- of <br />the funds remitted to it under this subsection to promote travel and tourism in Carrboro <br />and shall use.the remainder for tourism-related expenditures. <br />The following definitions apply in this subsection: <br />(1) Net proceeds. - Gross proceeds less the cost to the town of- <br />administering and collecting the -tax, as determined by the finance <br />officer, not to .exceed three percent {3%) of the first five hundred <br />thousand dollars ($500,000) of gross proceeds collected each year and <br />one percent (1 %) of the remaining gross receipts collected each year. <br />(2) Promote travel and tourism. - To advertise or market an area or <br />activity, publish and distribute pamphlets and other materials, conduct <br />market research, or engage in similar promotional activities that attract <br />tourists or business travelers to the area. The term includes <br />administrative expenses incurred in engaging in these activities. <br />