Bill Summary for H 430 (2015-2016)
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| View NCGA Bill Details | 2015-2016 Session |
AN ACT REESTABLISHING THE STATE PAYMENT IN LIEU OF TAXES STUDY COMMISSION; DIRECTING THE ENVIRONMENTAL REVIEW COMMISSION TO STUDY ISSUES RELATING TO STATEWIDE APPROACHES TO CONTROL INVASIVE AQUATIC NOXIOUS WEEDS IN THE STATE'S WATERS; DIRECTING THE REVENUE LAWS COMMITTEE TO STUDY ISSUES RELATING TO THE FINANCIAL IMPACTS ON LOCAL GOVERNMENTS OF EXEMPTING PREVIOUSLY TAXABLE PROPERTIES FROM THE PROPERTY TAX BASE WHEN ACQUIRED BY NONPROFITS; AND CLARIFYING THE AUTHORITY OF COUNTIES TO ESTABLISH RESIDENTIAL RECYCLABLE MATERIALS COLLECTION PROGRAMS.Intro. by McElraft.
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Bill summary
House committee substitute makes the following changes to the 3rd edition.
Deletes proposed changes made to GS 153A-292 which allowed a board of county commissioners to establish, by ordinance, a program for collecting residential recyclable materials, including fees as specified.
Amends GS 159-32 concerning daily deposits of moneys collected or received by local governments or public authorities, eliminating required monthly deposits and allowing such moneys to be deposited or submitted to a licensed and recognized cash collection service daily (previously, only allowed moneys to deposited daily). Specifies that deposits are required only when the total is $250 or greater, and removes the requirement that a deposit be made on the last business day of the month. Further provides that collected moneys must be kept in a secure location until deposited or submitted to a cash collection service as specified. Effective October 1, 2015.