AN ACT TO EXTEND THE SUNSET PROVISION ON THE AUTHORITY GRANTED TO COUNTIES AND CITIES TO USE SPECIAL ASSESSMENTS TO ADDRESS CRITICAL INFRASTRUCTURE NEEDS AND TO SHORTEN THE NUMBER OF ANNUAL INSTALLMENTS. Enacted June 29, 2015. Effective June 30, 2015, and applies to assessments made on or after July 1, 2015.
Summary date: Jul 1 2015 - More information
Summary date: Jun 22 2015 - More information
House amendment makes the following changes to the 2nd edition.
Amends the long title.
Amends GS 153A-210.5 (counties) and GS 160A-239.5 (municipalities), both concerning the repayment of special assessments for critical infrastructure needs, providing that such assessments are payable in annual installments not to exceed 25 in number (was, could not exceed 30 annual installments).
Amends the effective date of the act to provide that it is effective June 30, 2015, applying to assessments made on or after July 1, 2015 (was, effective June 30, 2015).
Summary date: Apr 21 2015 - More information
Senate committee substitute makes the following changes to the 1st edition.
Instead of repealing the sunset provisions on the authority given to counties in GS 153A-210.1 and to cities in GS 160A-239.1 to use special assessments for critical infrastructure needs, extends those sunsets from July 1, 2015, to July 1, 2020. Makes conforming changes. Amends the act's short and long titles.
Summary date: Mar 12 2015 - More information
As title indicates.
Effective June 30, 2015.
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