COUNTIES MAY FUND CHARTER SCHOOL CAPITAL.

View NCGA Bill Details2013-2014 Session
Senate Bill 575 (Public) Filed Monday, April 1, 2013
A BILL TO BE ENTITLED AN ACT TO AUTHORIZE COUNTY GOVERNMENTS TO PROVIDE FUNDS FOR CAPITAL EXPENSES OF CHARTER SCHOOLS.
Intro. by Tucker.

Status: Ref to Education/Higher Education. If fav, re-ref to Finance (Senate Action) (Apr 2 2013)
S 575

Bill Summaries:

  • Summary date: Apr 1 2013 - More information

    Amends GS 153A-149(c), whichpermits each county to levy property taxes at a rate of $1.50 per $100.00 on theappraised value of the taxed propertyfor one or more purposes listed in this subsection, to provide as an authorized purposeexpendingup to $250,000 per year to each charter school located within the county for the school's capital expenses. Makes a conforming change to GS 115C-238.29H(a1). Effective July 1, 2013.


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