Bill Summary for H 350/SL 2011-274 (2011-2012)

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Summary date: 

Jun 30 2011

Bill Information:

View NCGA Bill Details2011-2012 Session
House Bill 350 (Public) Filed Monday, March 14, 2011
TO MODIFY THE CLASSES OF PROPERTY EXCLUDED FROM THE TAX BASE.
Intro. by McGrady, Starnes, Brubaker, Harrison.

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Bill summary

AN ACT TO MODIFY WHEN LAND USED FOR CONSERVATION PURPOSES IS TO BE EXCLUDED FROM THE PROPERTY TAX BASE. Summarized in Daily Bulletin 3/15/11 and 6/2/11. Enacted June 23, 2011. Effective for taxes imposed for taxable years beginning on or after July 1, 2011.