Bill Summary for S 105 (2017-2018)

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Bill: FAIRMONT VOL. ANNEX.; TROUTMAN LAND USE REG (NEW).

Summary date: 

Apr 4 2017
S.L. 2017-76

Bill Information:

View NCGA Bill Details2017-2018 Session
Senate Bill 105 (Local) Filed Thursday, February 16, 2017
AN ACT (1) TO ADD CERTAIN DESCRIBED PROPERTY TO THE CORPORATE LIMITS OF THE TOWN OF FAIRMONT, (2) TO TEMPORARILY EXTEND THE TERRITORIAL JURISDICTION OF THE TOWN OF TROUTMAN, AND (3) TO REMOVE CERTAIN DESCRIBED PROPERTY FROM THE CORPORATE LIMITS OF THE TOWN OF GARNER.
Intro. by Britt.

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Bill summary

Senate committee substitute makes the following changes to the 1st edition. Adds that property in the described territory as of January 1, 2017, is subject to municipal taxes for taxes imposed for taxable years beginning on or after July 1, 2017.