Bill Summary for H 338 (2025-2026)
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Summary date:
Mar 6 2025
Bill Information:
View NCGA Bill Details | 2025-2026 Session |
AN ACT TO REMOVE CERTAIN DESCRIBED PROPERTY FROM THE CORPORATE LIMITS OF THE TOWN OF OAK ISLAND.Intro. by Miller.
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Bill summary
Removes eleven parcels, as described, from the corporate limits of the City of Southport. Provides a savings clause for the validity of any liens of the City of Southport for outstanding ad valorem taxes or special assessments. Effective June 30, 2025. Deems property in the described territory as of January 1, 2025, no longer subject to municipal taxes for taxable years beginning on or after July 1, 2025.