Bill Summaries: S575 (2013-2014 Session)

  • Summary date: Apr 1 2013 - View summary

    Amends GS 153A-149(c), whichpermits each county to levy property taxes at a rate of $1.50 per $100.00 on theappraised value of the taxed propertyfor one or more purposes listed in this subsection, to provide as an authorized purposeexpendingup to $250,000 per year to each charter school located within the county for the school's capital expenses. Makes a conforming change to GS 115C-238.29H(a1). Effective July 1, 2013.