GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1991

H	1 

HOUSE BILL 1344

Short Title:  Hyde Room Tax Expenditure.	(Local)
─────────────────────────────────────── 
Sponsors: Representative Chapin.
─────────────────────────────────────── 
Referred to:  Finance.
─────────────────────────────────────── 

May 27, 1992

A BILL TO BE ENTITLED
AN ACT TO MODIFY THE PROVISIONS GOVERNING EXPENDITURE OF THE HYDE COUNTY OCCUPANCY TAX.
The General Assembly of North Carolina enacts:
Section 1.  Section 1(e) of Chapter 230 of the 1991 Session Laws reads as rewritten:
"(e)	Use of tax revenue.  Hyde County may use the proceeds of the occupancy tax for any public purpose.  The county shall spend ninety percent (90%) of the proceeds collected on the mainland only for the direct benefit of the mainland.  The board of commissioners shall appoint a five-member mainland advisory board whose members are all residents of the mainland.  The board of commissioners shall set the terms of office of the members.  The mainland advisory board shall advise the board of commissioners on the expenditure of tax proceeds for the direct benefit of the mainland.  The county shall spend ninety percent (90%) of the proceeds collected on Ocracoke only for the direct benefit of the island.  The board of commissioners shall appoint a five-member island advisory board whose members are all residents of the island.  The board of commissioners shall set the terms of office of the members.  Two of the members shall be appointed upon the recommendation of the Ocracoke Civic and Business Association, Inc.  The island advisory board shall advise the board of commissioners on the expenditure of tax proceeds for the direct benefit of the island."
Sec. 2.  This act becomes effective July 1, 1992.