Tag: accommodations tax

Accommodations Tax Fuels MB Chamber Greed

When Horry County Council begins in-depth considerations of next year’s budget later this week, the question of how much accommodations tax revenue goes to the Myrtle Beach Area Chamber of Commerce will be a major point of discussion.

While the accommodations tax concept is to help meet the costs of expanded services required by the introduction of millions of visitors to an area, the state law allowing accommodations tax collections requires 30 percent of the revenue generated to be spent on tourism marketing. This provision was one of the trade-offs put in the law to get the buy-in of the tourism lobby.

For a number of years, that 30 percent, approximately $2.3 million from the unincorporated areas of the county, has gone to the Chamber in a block to spend on its marketing efforts.