Bill Summary for S 105 (2017-2018)
Jun 22 2017
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AN ACT (1) TO ADD CERTAIN DESCRIBED PROPERTY TO THE CORPORATE LIMITS OF THE TOWN OF FAIRMONT, (2) TO TEMPORARILY EXTEND THE TERRITORIAL JURISDICTION OF THE TOWN OF TROUTMAN, AND (3) TO REMOVE CERTAIN DESCRIBED PROPERTY FROM THE CORPORATE LIMITS OF THE TOWN OF GARNER.Intro. by Britt.
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House committee substitute makes the following changes to the 3rd edition.
Adds that the specified property is removed from Garner's corporate limits. Effective June 30, 2017. Specifies that property in the described territory as of January 1, 2017, is no longer subject to municipal taxes for taxes imposed for taxable years beginning on or after July 1, 2017.
Makes conforming changes to the act's long title. Makes conforming technical and organizational changes.