Bill Summary for S 705 (2011-2012)

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Bill: REQUIRE NC USE-VALUE AD BD MANUAL FOR PUV.

Summary date: 

Apr 19 2011

Bill Information:

View NCGA Bill Details2011-2012 Session
Senate Bill 705 (Public) Filed Tuesday, April 19, 2011
TO REQUIRE COUNTIES TO USE THE NORTH CAROLINA USE-VALUE ADVISORY BOARD MANUAL IN ADMINISTERING THE PRESENT USE VALUE PROGRAM.
Intro. by Tucker, Walters.

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Bill summary

Rewrites GS 105-277.2(5) as title indicates, requiring counties to utilize manual prepared by Use-Value Advisory Board as directed by GS 105-277.7. Effective for taxes imposed for taxable years beginning on or after July 1, 2011.