Enacts new GS 153A-327 (regarding counties) and GS 160A-367 (regarding cities), both captioned "Impact fees imposed without authority." Requires homebuilders to refund impact fees (fees that require a developer or homeowner to pay an amount to help defray capital costs associated with new construction) to homeowners who paid any portion of the fee as part of the purchase price of the home, when the homebuilder is awarded a refund of the impact fees paid to a city or county due to the ordinance imposing the fees exceeding the city or county's authority under law.
IMPACT FEES/REFUND TO HOMEOWNERS.
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View NCGA Bill Details(link is external) | 2017-2018 Session |
AN ACT PROVIDING THAT HOMEBUILDERS WHO ARE REFUNDED IMPACT FEES BECAUSE THE CITY OR COUNTY LACKED AUTHORITY TO IMPOSE THE FEES SHALL REIMBURSE HOMEOWNERS WHO PAID ANY PORTION OF THE FEES AS PART OF THE PURCHASE PRICE OF THEIR HOME.Intro. by Stevens.
Status: Serial Referral To Rules, Calendar, and Operations of the House Stricken (House Action) (Apr 4 2017)
Bill History:
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Mon, 20 Mar 2017 House: Filed(link is external)
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Tue, 21 Mar 2017 House: Passed 1st Reading(link is external)
H 405
Bill Summaries:
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Bill H 405 (2017-2018)Summary date: Mar 20 2017 - View Summary
View: All Summaries for Bill