Bill Summary for H 962 (2013-2014)
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Bill: MUNICIPAL SALES TAX.
Summary date:
Apr 17 2013
Bill Information:
View NCGA Bill Details | 2013-2014 Session |
A BILL TO BE ENTITLED AN ACT TO AUTHORIZE MUNICIPALITIES TO LEVY AN ADDITIONAL ONE-HALF PERCENT SALES AND USE TAX.Intro. by Hamilton.
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Bill summary
Enacts Article 47 of Chapter 105 of the General Statutes authorizing municipalities to levy, by resolution, an additional one-half percent sales and use tax provided the municipality provides 10 days of public notice and holds a hearing on the issue of adopting the resolution. The adoption, levy, collection, administration, and repeal of the additional tax is to be in accordance with Article 39. The municipality may use the net proceeds of this levied tax for the purposes of beach nourishment; street and sidewalk construction and improvements; traffic signals; street lighting; street and directional signage; police, fire, and rescue services; and services (2013-2014)