Bill Text: NC H193 | 2013-2014 | Regular Session | Introduced
Bill Title: Expand Uses for Meck Ct/Charlotte Local Taxes
Spectrum: Bipartisan Bill
Status: (Passed) 2013-04-15 - Ch. SL 2013-26 [H193 Detail]
Download: North_Carolina-2013-H193-Introduced.html
GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2013
H D
HOUSE DRH30105-MC-80A (02/21)
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Short Title: Expand Uses for Meck Ct/Charlotte Local Taxes. |
(Local) |
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Sponsors: |
Representatives Samuelson, W. Brawley, Carney, and Earle (Primary Sponsors). |
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Referred to: |
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A BILL TO BE ENTITLED
AN ACT to expand the permissible uses of the Local Mecklenburg county and city of charlotte local taxes.
The General Assembly of North Carolina enacts:
SECTION 1. Section 9(a) of Part IV of Chapter 908 of the 1983 Session Laws, as amended by Chapters 821 and 922 of the 1989 Session Laws, Section 2 of S.L. 2001‑402, Section 1 of S.L. 2011‑160, and Section 69 of S.L. 2012‑194, reads as rewritten:
"Sec. 9.(a) Distribution and Use of Proceeds. – The local administrative authority, acting on its own behalf or as agent for each taxing entity, shall distribute the proceeds of the taxes levied in this Part as provided in this subsection. The distribution shall be made by the 20th day of each month following the month in which the tax is collected.
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(2) Distribution to Charlotte for Convention Center Facilities.
– After deducting the amount provided above, the local administrative authority
shall transfer an amount equal to three percent (3%) of the gross occupancy
receipts and the entire net proceeds of the prepared food and beverage tax to
the City of Charlotte. The net proceeds transferred to the City of Charlotte
pursuant to this subdivision shall be applied in accordance with the following
priorities. No application of any net proceeds to any class of the priorities
set forth below in this subdivision shall be made until, with respect to each
preceding class of priorities, either all payments for the current fiscal year
have been provided for in full or no such payments are required for the current
fiscal year.
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d. To pay costs of constructing, renovating, and maintaining stadiums, ballparks, and other similar public places that have a seating capacity of 60,000 or more and that are used for professional sporting events.
e. To pay costs of constructing, renovating, and maintaining amateur sports facilities, including ancillary, associated facilities, located in the City of Charlotte.
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SECTION 2. This act is effective when it becomes law.
