AN ACT TO GIVE COUNTIES ADDITIONAL FLEXIBILITY WITH REGARD TO THE LOCAL OPTION SALES AND USE TAX WITHOUT INCREASING THE EXISTING MAXIMUM TAX RATE.
House committee to the 1st edition makes the following changes. Further amends Article 46 of GS Chapter 105 (county sales and use tax), now the “One-Quarter Cent (1/4¢) or One-Half (1/2¢) County Sales and Use Tax Act.” Offers an alternative ballot question for voter approval to levy the authorized tax, providing for the county to use the net proceeds of the tax for any public purpose (alternatively to the county using the net proceeds for a specific public purpose or purposes chosen from the options listed in GS 153A-149). Makes conforming changes. Adds a new uncodified provision authorizing the Secretary of Revenue to retain the Department of Revenue's costs of collecting and administering the tax for the first two fiscal years beginning with 2021-22, of up to $300,000 from the gross proceeds as reimbursement. Provides for all other costs of collecting and administering the tax to be deducted pursuant to GS 105-472(a). Explicitly prohibits a county from levying a tax under the Article as amended prior to October 1, 2022.
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