Enacts new GS Chapter VIII, Subchapter 105, Article 43A (County Sales and Use Tax for Public Education). Authorizes counties to levy a tax, at a rate of up to .5%, under the new article to finance public education needs. Directs that taxes levied under the new article must be approved in an advisory referendum, as specified. Restricts a referendum to an increase in increment of .25%, and limits the total local sales and use tax rate to 2.5% or 2.75%, as specified. Authorizes the county board of commissioners, upon a successful referendum, to levy a local sales and use tax at the specified rate by resolution and after 10 days' public notice. Requires taxes under the new Article to be administered in accordance with GS Chapter 105, Article 39 (Local Government Sales and Use Tax), and GS 105468.1. Directs counties to only use the proceeds of a tax levied under this article for specified public education purposes, including public school capital outlay, teacher salary supplements, and financial support of community colleges.
Amends GS 105506 to make conforming changes.
Enacts new GS 105506.3 to require that taxes under GS Chapter 105, Article 43 (local government sales and use taxes for public transportation) only be levied when the total local sales and use tax rate in the county, including a levy under this article, does not exceed a specified limit (limit is identical to that in new GS Chapter 105, subchapter 105, Article 43A, described above).
Amends GS Chapter 105, Article 46 (now, the onequarter cent or onehalf cent county sales and use tax), as follows. Requires that taxes levied under the Article be approved in a referendum, as specified. Requires that the total local sales and use tax rate in the county, including a levy under this article, does not exceed a specified limit (limit is identical to that in new GS Chapter 105, subchapter 105, Article 43A, described above). Requires the rate to be in an increment of .25%. Makes conforming changes.
Amends GS 105164.3(4a) to amend the definition of Combined general rate to mean the sum of: the State's general rate in GS 105164.4(a); the sum of the rates of the local sales and use taxes authorized for every county in GS Chapter 105, Articles 39 &40, and SL 19671096; and half of the maximum rate authorized by GS Chapter 105, Article 46.
LOCAL OPTION SALES TAX FLEXIBILITY.
Printer-friendly: Click to view
View NCGA Bill Details | 2017-2018 Session |
AN ACT TO GIVE COUNTIES ADDITIONAL FLEXIBILITY WITH REGARD TO THE LOCAL OPTION SALES AND USE TAX WITHOUT INCREASING THE EXISTING MAXIMUM TAX RATE.Intro. by S. Martin, Hunter, Watford, Saine.
Status: Ref To Com On Rules and Operations of the Senate (Senate Action) (Jun 5 2017)
Bill History:
-
Mon, 13 Mar 2017 House: Filed
-
Tue, 14 Mar 2017 House: Passed 1st Reading
-
Tue, 14 Mar 2017 House: Ref To Com On Finance
-
Tue, 23 May 2017 House: Reptd Fav
-
Tue, 23 May 2017 House: Cal Pursuant Rule 36(b)
-
Fri, 26 May 2017 House: Withdrawn From Cal
-
Fri, 26 May 2017 House: Re-ref Com On Rules, Calendar, and Operations of the House
-
Tue, 30 May 2017 House: Withdrawn From Com
-
Tue, 30 May 2017 House: Cal Pursuant Rule 36(b)
-
Tue, 30 May 2017 House: Placed On Cal For 05/30/2017
-
Tue, 30 May 2017 House: Passed 2nd Reading
-
Tue, 30 May 2017 House: Placed On Cal For 06/01/2017
-
Thu, 1 Jun 2017 House: Passed 3rd Reading
-
Fri, 2 Jun 2017 House: Regular Message Sent To Senate
-
Mon, 5 Jun 2017 Senate: Regular Message Received From House
-
Mon, 5 Jun 2017 Senate: Passed 1st Reading
-
Mon, 5 Jun 2017 Senate: Ref To Com On Rules and Operations of the Senate
H 333
Bill Summaries:
-
Bill H 333 (2017-2018)Summary date: Mar 13 2017 - View Summary
View: All Summaries for Bill