A BILL TO BE ENTITLED AN ACT TO ELIMINATE A DUPLICATIVE REPORTING REQUIREMENT REGARDING PERSONAL SERVICE CONTRACTS FOR THE UNIVERSITY OF NORTH CAROLINA, TO ALLOW THE BOARD OF GOVERNORS TO PROVIDE FOR THE IMPLEMENTATION AND EXPANSION OF E-COMMERCE INFRASTRUCTURE, AND TO CLARIFY THE PROPERTY TAX STATUS OF CERTAIN IMPROVEMENTS ON UNIVERSITY LANDS THAT ARE OWNED BY CERTAIN SOCIAL ORGANIZATIONS.
Senate committee substitute makes the following changes to the 1st edition.
Amends the short and long title.
Amends GS 116-40.22, providing that the UNC Board of Governors can provide for the implementation and expansion of electronic commerce infrastructure and capabilities among UNC System constituent institutions, allowing for the contracting with service providers in order to allow for increased efficiencies, technical capabilities, uniformity, and best practices of contemplated service providers.
Amends GS 105-275, property classified and excluded from the tax base, to add a new subsection that provides that improvements to real property that are (1) owned by social fraternities, sororities, and similar college, university, or high school organizations and (2) located on land owned by or allocated to UNC or one of its constituent institutions are excluded from the tax. Effective for taxes imposed for taxable years beginning on or after July 1, 2013.
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