Bill Summary for H 1105/SL 2012-157 (2011-2012)

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Bill: MODIFY TAXATION OF HOA PROPERTY (NEW).

Summary date: 

Jul 17 2012
S.L. 2012-157

Bill Information:

View NCGA Bill Details2011-2012 Session
House Bill 1105 (Public) Filed Wednesday, May 23, 2012
AMENDING THE ELECTROLYSIS PRACTICE ACT TO AUTHORIZE THE BOARD OF ELECTROLYSIS EXAMINERS TO HOLD AND USE FUNDS, TO CLARIFY CONTINUING EDUCATION REQUIREMENTS, AND TO AFFECT CERTAIN FEES.
Intro. by Justice.

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Bill summary

AN ACT TO SIMPLIFY THE COLLECTION OF PROPERTY TAXES THAT ARE DUE ON PROPERTY OWNED BY CERTAIN NONPROFIT HOMEOWNERS ASSOCIATIONS. Summarized in Daily Bulletin 6/19/12, 6/20/12, and 6/21/12. Enacted July 12, 2012. Section 1 is effective for taxes imposed for taxable years beginning on or after July 1, 2012. The remainder is effective July 1, 2012.