Bill Summaries: H 1177 PROPERTY TAX FOR TEACHER COMPENSATION.

Tracking:
  • Summary date: May 21 2014 - More information

    Enacts new GS 153A-149(c1), requiring each county to levy a 1-cent property tax per $100 of appraised property value to be used only to supplement salaries of teachers employed by local school administrative units within the county. Directs the counties to ensure funds from this tax are not used for any other purpose. Exempts new tax from being counted under the rate limitation imposed in GS 153A-149(c).

    Effective for taxable years, beginning on or after July 1, 2014.


© 2021 School of Government The University of North Carolina at Chapel Hill

This work is copyrighted and subject to "fair use" as permitted by federal copyright law. No portion of this publication may be reproduced or transmitted in any form or by any means without the express written permission of the publisher. Distribution by third parties is prohibited. Prohibited distribution includes, but is not limited to, posting, e-mailing, faxing, archiving in a public database, installing on intranets or servers, and redistributing via a computer network or in printed form. Unauthorized use or reproduction may result in legal action against the unauthorized user.

Printer-friendly: Click to view