Myrtle Beach, state agree on using bed tax money
MYRTLE BEACH, S.C. (AP) - Myrtle Beach is changing the way it allocates accommodations taxes after a 10-year feud with the state that went to the South Carolina Supreme Court.
The Sun News of Myrtle Beach reports (http://bit.ly/1p8ft9S ) the city will no longer put the tax accommodations tax into its general fund and will submit more detailed reports on how the money is used.
The city had said that as a tourist town, it should be able to use the money for public services such as police and fire protection. The state wanted to make sure it was being used as required for tourism-related expenses such as advertising.
The Supreme Court ruled earlier this year that the state rules were not being followed. Myrtle Beach is the center of South Carolina's $18 billion tourism industry.
Information from: The Sun News, http://www.thesunnews.com/Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.