(A) A local governing body may impose, by ordinance, a local accommodations tax, not to exceed three percent. However, an ordinance imposing the local accommodations tax must be adopted by a positive majority vote. The governing body of a county may not impose a local accommodations tax in excess of one and one-half percent within the boundaries of a municipality without the consent, by resolution, of the appropriate municipal governing body.

(B) All proceeds from a local accommodations tax must be kept in a separate fund segregated from the imposing entity’s general fund. All interest generated by the local accommodations tax fund must be credited to the local accommodations tax fund.

Terms Used In South Carolina Code 6-1-520

  • Local accommodations tax: means a tax on the gross proceeds derived from the rental or charges for accommodations furnished to transients as provided in § 12-36-920(A) and which is imposed on every person engaged or continuing within the jurisdiction of the imposing local governmental body in the business of furnishing accommodations to transients for consideration. See South Carolina Code 6-1-510
  • Local governing body: means the governing body of a county or municipality. See South Carolina Code 6-1-510
  • Positive majority: means a vote for adoption by the majority of the members of the entire governing body, whether present or not. See South Carolina Code 6-1-510
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