A BILL TO BE ENTITLED
AN ACT to modify the use of occupancy tax proceeds for the city of jacksonville.
The General Assembly of North Carolina enacts:
SECTION 1.  Section 1.1(d) of S.L. 2009‑429 reads as rewritten:
"SECTION 1.1.(d)  Distribution and Use of Tax Revenue. – The City of Jacksonville shall, on a quarterly basis, remit the net proceeds of the occupancy tax to the Jacksonville Tourism Development Authority.  The Authority shall use at least two‑thirds of the funds remitted to it under this subsection for tourism-related expenditures and shall use the remainder to promote travel and tourism in Jacksonville."
SECTION 2.  This act becomes effective July 1, 2013, and expires July 1, 2023.