GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2001
S	1
SENATE BILL 634
     

 
Short Title:	Modify Mecklenburg Room Tax Use.	()	
Sponsors:	Senator Clodfelter.	
Referred to:	Finance.	
March 22, 2001

A BILL TO BE ENTITLED
AN ACT TO CLARIFY THE PURPOSES FOR WHICH MECKLENBURG COUNTY AND THE CITY OF CHARLOTTE MAY SPEND OCCUPANCY TAX PROCEEDS.

The General Assembly of North Carolina enacts:
SECTION 1.  Section 9(a)(5) of Part IV of Chapter 908 of the 1983 Session Laws, as amended by Chapter 821 of the 1989 Session Laws, reads as rewritten:
"(5)	Distribution of Remainder between Charlotte and Mecklenburg County. The amount of occupancy tax net proceeds remaining after deducting the amounts provided above shall be allocated by the local administrative authority between Mecklenburg County and the City of Charlotte using the following formula:  the ratio of expenditures by each of Mecklenburg County and the City of Charlotte for acquiring, constructing, financing, maintaining, operating, marketing, and promoting convention centers, civic centers, performing arts centers,  coliseums (including arenas and stadiums), auditoriums, and museums, for off‑street parking for use in conjunction with these facilities, and for tourism and tourism‑related programs and activities including art and cultural programs, events, and festivals to total expenditures by both Mecklenburg County and the City of Charlotte for such purposes. There shall be excluded from expenditures by the City of Charlotte for purposes of computing this ratio all expenditures for acquiring, constructing, financing, maintaining, operating, marketing, and promoting the new or expanded convention center facilities in the City of Charlotte for which net proceeds are allocated pursuant to subdivision (2) of this subsection. The ratio shall be computed annually on the basis of the prior fiscal year's expenditures. However, no amount shall be allocated to Mecklenburg County if it has not levied an occupancy tax and a prepared food and beverage tax for the current period. These funds may be expended only for acquiring, constructing, financing, maintaining, operating, marketing, and promoting convention centers, civic centers, performing arts centers,  coliseums (including arenas and stadiums), auditoriums, museums, for off‑street parking for use in conjunction with these facilities, and for tourism and tourism‑related programs and activities including art and cultural programs, events, and festivals."
SECTION 2.  This act is effective when it becomes law.