Bill Summary for S 508 (2013-2014)

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Bill: ELIMINATE INITIAL OWNERSHIP REQ. FOR PUV.

Summary date: 

Mar 27 2013

Bill Information:

View NCGA Bill Details2013-2014 Session
Senate Bill 508 (Public) Filed Wednesday, March 27, 2013
A BILL TO BE ENTITLED AN ACT TO ELIMINATE THE REQUIREMENTS FOR PRESENT-USE VALUE PROPERTY THAT RELATE TO INITIAL LENGTH OF OWNERSHIP.
Intro. by Jackson, Brock.

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Bill summary

Amends GS 105-277.3, as the title indicates. Effective for taxes imposed for taxable years beginning on or after July 1, 2013.