Bill Summary for S 122 (2021-2022)
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Summary date:
Jun 30 2021
S.L. 2021-96
Bill Information:
| View NCGA Bill Details | 2021 |
AN ACT TO REMOVE CERTAIN DESCRIBED PROPERTY FROM THE CORPORATE LIMITS OF THE TOWN OF SPRUCE PINE AND FROM THE TOWN OF WEAVERVILLE.Intro. by Hise.
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Bill summary
House committee substitute to the 2nd edition makes the following changes.
Changes the effective date of the deannexations described in the act for the Towns of Spruce Pine and Weaverville from June 30, 2021, to June 30, 2022. Now specifies that property in the territories described as of January 1, 2022 (was, January 1, 2021), are no longer subject to respective municipal taxes for taxes imposed for taxable years beginning on or after July 1, 2022 (was, July 1, 2021).