Bill Summary for H 1132 (2015-2016)

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Summary date: 

Jun 9 2016
S.L. 2016-49

Bill Information:

View NCGA Bill Details2015-2016 Session
House Bill 1132 (Local) Filed Wednesday, May 18, 2016
AN ACT TO REMOVE CERTAIN DESCRIBED PROPERTY FROM THE CORPORATE LIMITS OF THE TOWN OF GLEN ALPINE.
Intro. by Blackwell.

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Bill summary

House committee substitute makes the following changes to the 2nd edition.

Amends the effective date clause, by adding language to provide that property in the territory described in Section 1 of the act, as of January 1, 2016, is no longer subject to the municipal taxes imposed for taxable years beginning on or after July 1, 2016.