BUNCOMBE LOCAL SALES TAX FOR COMM. COLLEGES (NEW).

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View NCGA Bill Details2011-2012 Session
House Bill 326 (Local) Filed Thursday, March 10, 2011
TO ADOPT A MORATORIUM ON INVOLUNTARY ANNEXATIONS.
Intro. by Moffitt.

Status: Re-ref Com On Finance (House Action) (Sep 14 2011)
H 326

Bill Summaries:

  • Summary date: Sep 14 2011 - View Summary

    House committee substitute deletes all provisions of the 1st edition and replaces with AN ACT TO ALLOW BUNCOMBE COUNTY TO RESTRICT USE OF THE ADDITIONAL ONE-QUARTER PERCENT SALES TAX TO COMMUNITY COLLEGE CAPITAL OUTLAY PURPOSES, TO MAKE SUCH A RESTRICTION ON ANY SUCH TAX APPROVED BY THE VOTERS IN BUNCOMBE COUNTY IN 2011, TO PROVIDE FOR EXPIRATION OF THE TAX, AND TO REQUIRE A REVIEW AFTER TEN YEARS.
    Allows the Buncombe County Commissioners to hold a referendum on placing restrictions on the use of the additional sales tax. Subject to a 2011 referendum approval by Buncombe County voters, provides that the 0.25% tax levied under GS 105-537 may only be used for community college capital outlay purposes and to retire indebtedness incurred by the county for such purposes, as detailed. Provides that the tax will expire 18 years after being levied. Requires a public hearing review of the tax during the tenth year of the levy.


  • Summary date: Mar 10 2011 - View Summary

    As the title indicates. Applies only to municipalities located in Buncombe County. Prohibits the adoption of any resolution of consideration, resolution of intent, or annexation ordinance under Part 2 or 3 of Article 4A of GS Chapter 160A from the date this act becomes law until July 1, 2016. Tolls the effective date for adopted annexation ordinances with an effective date on or before this act becomes law. Stays any pending litigation upon enactment. Authorizes municipalities to amend the budget ordinance to account for this act if necessary. Effective when the act becomes law and expires on June 30, 2016.