PROPERTY TAX FOR TEACHER COMPENSATION.

View NCGA Bill Details2013-2014 Session
House Bill 1177 (Public) Filed Wednesday, May 21, 2014
AN ACT TO REQUIRE AN INCREASE IN PROPERTY TAXES BY ONE CENT FOR TEACHER COMPENSATION.
Intro. by R. Brawley.

Status: Ref to the Com on Finance, if favorable, Appropriations (House Action) (May 22 2014)

Bill History:

H 1177

Bill Summaries:

  • Summary date: May 21 2014 - More information

    Enacts new GS 153A-149(c1), requiring each county to levy a 1-cent property tax per $100 of appraised property value to be used only to supplement salaries of teachers employed by local school administrative units within the county. Directs the counties to ensure funds from this tax are not used for any other purpose. Exempts new tax from being counted under the rate limitation imposed in GS 153A-149(c).

    Effective for taxable years, beginning on or after July 1, 2014.


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