NC Senate OK’s higher hotel tax for NASCAR HOF:

The state Senate gave its final approval today to a temporary 2% increase in the Charlotte hotel room tax to help fund construction of a proposed NASCAR hall of fame. The bill would give Charlotte the authority to raise the local occupancy tax from six percent to eight percent. The revenues would help finance the museum and a new ballroom for the Charlotte convention center, next to the proposed site.(NBC 6/WCNC)(5-24-2005)