Bill Summary for H 1181/SL 2012-189 (2011-2012)
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Summary date:
Jul 17 2012
S.L. 2012-189
Bill Information:
| View NCGA Bill Details | 2011-2012 Session |
TO AUTHORIZE THE TOWN OF EMERALD ISLE TO LEVY AN ADDITIONAL ONE PERCENT SALES AND USE TAX, THE PROCEEDS OF WHICH SHALL BE USED FOR BEACH NOURISHMENT.Intro. by McElraft.
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Bill summary
AN ACT TO AUTHORIZE THE REVENUE LAWS STUDY COMMITTEE TO STUDY WHETHER MUNICIPALITIES SHOULD HAVE THE AUTHORITY TO LEVY A LOCAL OPTION SALES TAX FOR BEACH NOURISHMENT AND TO STUDY THE TAXATION AND VALUATION OF LEASEHOLD INTERESTS IN EXEMPT REAL PROPERTY. Summarized in Daily Bulletin 6/13/12 and 6/27/12. Enacted July 16, 2012. Effective July 16, 2012.