Budget & Taxes

HB 169 ends Haywood County's ability to collect an occupancy tax (typically on short-term lodging like hotels) by repealing the legal authority for this tax. It directly affects Haywood County, its Tourism Development Authority, and businesses subject to the tax. The bill requires the Tourism Development Authority to spend any remaining funds within six months for tourism purposes, after which the Authority must dissolve. The repeal takes effect on July 1, 2025.

SB 821 removes a specific property at 86 Magellan Drive from the official boundaries of the Town of Waynesville. The bill ensures that any unpaid taxes or special assessments on this land before the change remain valid and can still be collected. Starting July 1, 2026, the property will no longer be subject to municipal taxes imposed by the town.

SB 846 removes two specific parcels of land from the official boundaries of the Town of Red Oak in North Carolina. The bill ensures that property owners within these parcels will no longer pay municipal taxes for the taxable year beginning July 1, 2026, and any future years. Additionally, the legislation clarifies that any outstanding tax liens or special assessments from before the effective date remain valid and can still be collected or enforced.