Myrtle Beach Chamber Votes to Oppose New Taxes on Timeshare

2010-11-16

Issue Brief

The Myrtle Beach Chamber Board of Directors voted unanimously to approve its full legislative agenda for 2011, including opposition to recent TRAC recommendations to remove a sales tax exemption for the sale, resale and exchange of timeshare interests as well as the creation of a new transient accommodations tax on timeshare maintenance fees.

Impact

The support of the Myrtle Beach Chamber will only strength ARDA's position at the state legislature to defeat any attempt to introduce and pass legislation that would negatively affect the timeshare industry.

Position/Call to Action

Representatives from the ARDA State Government Affairs office, as well as the Chairman of ARDA-ROC, attended the Board meeting, emphasizing the contributions of the timeshare industry to the local economy and the inherent discriminatory nature of any attempt to place a transient accommodations tax on a timeshare maintenance fee.  Both ARDA and ARDA-ROC are extremely pleased to have such a strong statement of support from the leading authority on tourism in South Carolina, but both organizations realize that there is plenty of work to be done in order to ensure that TRAC's recommendations are not introduced as legislation next session.  For additional information on the meeting, click here to read an account of the meeting as provided by Jake Spring of the Myrtle Beach Sun News.

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