Bill Summary for H 978 (2017-2018)

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Summary date: 

May 22 2018
S.L. 2018-58

Bill Information:

View NCGA Bill Details2017-2018 Session
House Bill 978 (Local) Filed Tuesday, May 22, 2018
AN ACT REMOVING CERTAIN DESCRIBED PROPERTY FROM THE CORPORATE LIMITS OF THE TOWN OF HEMBY BRIDGE AND ADDING THAT PROPERTY TO THE CORPORATE LIMITS OF THE TOWN OF STALLINGS.
Intro. by Arp.

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Bill summary

Effective June 30, 2018, removes the described property from the corporate limits of the Town of Hemby Bridge. Clarifies that the act has no effect upon the validity of any liens of the Town of Hemby Bridge for ad valorem taxes or special assessments outstanding before the effective date of the act, and that those liens can be collected or foreclosed upon after the effective date of the act as though the property were still within the corporate limits of the town. Provides that property in the described territory as of January, 1, 2018, is no longer subject to municipal taxes for taxes imposed by the Town of Hemby Bridge for taxable years beginning on or after July 1, 2018. 

Effective June 30, 2018, adds the described property removed from the corporate limits of the Town of Hemby Bridge to the corporate limits of the Town of Stallings. Provides that property in the described territory as of January 1, 2018, is subject to municipal taxes for taxes imposed by the Town of Stallings for taxable years beginning on or after July 1, 2018.