There is hereby established a special account, to be known as the hospitality tax account, into which all monies remitted to the town under this subchapter shall be deposited. Any and all funds in the hospitality tax account, including any interest as may accrue thereon, shall be used only for the purposes as set forth in S.C. Code § 6-1-730, as the same may from time to time be amended.
(Ord. 2016-02, passed 5-19-2016)