Bill Summary for S 770 (2023-2024)

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Summary date: 

Apr 24 2024

Bill Information:

View NCGA Bill Details2023-2024 Session
Senate Bill 770 (Local) Filed Wednesday, April 24, 2024
AN ACT TO REMOVE CERTAIN DESCRIBED PROPERTY FROM THE CORPORATE LIMITS OF THE TOWN OF ANDREWS.
Intro. by Corbin.

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Bill summary

Identical to H 911, filed 4/24/24.

Removes the described property from the Town of Andrews’s corporate limits. Provides that the act has no effect upon the validity of any liens of the Town of Andrews for ad valorem taxes or special assessments outstanding before the effective date of this act. Allows those liens to be collected or foreclosed upon after the effective date of this act as though the property were still within the corporate limits of the Town of Andrews.

Effective June 30, 2024. Specifies that the property in the territory described as of January 1, 2024, is no longer subject to municipal taxes for taxes imposed for taxable years beginning on or after July 1, 2024.