AN ACT REESTABLISHING THE STATE PAYMENT IN LIEU OF TAXES STUDY COMMISSION; DIRECTING THE ENVIRONMENTAL REVIEW COMMISSION TO STUDY ISSUES RELATING TO STATEWIDE APPROACHES TO CONTROL INVASIVE AQUATIC NOXIOUS WEEDS IN THE STATE'S WATERS; DIRECTING THE REVENUE LAWS COMMITTEE TO STUDY ISSUES RELATING TO THE FINANCIAL IMPACTS ON LOCAL GOVERNMENTS OF EXEMPTING PREVIOUSLY TAXABLE PROPERTIES FROM THE PROPERTY TAX BASE WHEN ACQUIRED BY NONPROFITS; AND CLARIFYING REQUIREMENTS ON LOCAL GOVERNMENTS FOR DEPOSIT OF PUBLIC MONEY AND TO ELIMINATE UNINTENTIONAL NONCOMPLIANCE OR WASTE.
Amends GS 14-50.43, as the title indicates. Applies to orders entered by the court on or after December 1, 2015.
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