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This is very similar to the Myrtle Beach Area Chamber of Commerce's corporate structure. Which has the Myrtle Beach Commerce Center as their for-profit entity used exclusively to conduct business with the tax-exempt 501(c)(6) Myrtle Beach Area Chamber of Commerce (MBACC).
Clear as mud? The Sun News has a few more bites from the press release. Read it here.
The North Myrtle Beach Chamber is no stranger to taking pages from the MBACC playbook. Just over a year ago they were lobbying for a 1 percent tourism development sales tax.