Bill Summary for S 261 (2017-2018)

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Summary date: 

Mar 14 2017
S.L. 2017-84

Bill Information:

View NCGA Bill Details2017-2018 Session
Senate Bill 261 (Local) Filed Tuesday, March 14, 2017
AN ACT REMOVING CERTAIN DESCRIBED PROPERTY FROM THE CORPORATE LIMITS OF THE CITY OF KANNAPOLIS.
Intro. by Brock.

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Bill summary

Identical to H 262, filed on 3/7/17.

Removes two parcels, as described, from the City of Kannapolis's corporate limits. Specifies that, as of January 1, 2017, the property as described in Section 1 of the act is no longer subject to municipal taxes for taxes imposed for taxable years beginning on or after July 1, 2017. Effective June 30, 2017.