A BILL TO BE ENTITLED
AN ACT to modify the occupancy tax for currituck county.
The General Assembly of North Carolina enacts:
SECTION 1.  Section 1(e) of Chapter 209 of the 1987 Session Laws, as amended by Section 1 of Chapter 155 of the 1991 Session Laws, and as amended by Section 2 of S.L. 2004‑95, reads as rewritten:
"(e)	Use of tax revenue. Currituck County shall use at least seventy‑five percent (75%) of the net proceeds of the tax levied under this section only for tourist-related purposes, including construction and maintenance of public facilities and buildings; garbage, refuse, and solid waste collection and disposal, police protection, and emergency services. The remainder of the net proceeds shall be deposited in the Currituck County General Fund and may be used for any lawful purpose. As used in this subsection, "net proceeds" means gross 						proceeds less the cost to the county of administering and collecting the tax, as determined by the finance officer.
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SECTION 2.  This act is effective when it becomes law.