Bill Summary for S 566 (2017-2018)
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| View NCGA Bill Details(link is external) | 2017-2018 Session |
AN ACT TO REMOVE DESCRIBED PROPERTY FROM THE CORPORATE LIMITS OF THE TOWN OF WRIGHTSVILLE BEACH AND TO ANNEX THAT PROPERTY TO THE CORPORATE LIMITS OF THE CITY OF WILMINGTON AND TO REMOVE DESCRIBED PROPERTY FROM THE CORPORATE LIMITS OF THE CITY OF WILMINGTON AND TO ANNEX THAT PROPERTY TO THE CORPORATE LIMITS OF THE TOWN OF WRIGHTSVILLE BEACH.Intro. by Barringer, Tarte, Alexander.
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Bill summary
House committee substitute makes the following changes to the 2nd edition. Changes the act's long and short titles. Removes all previous provisions and now provides the following.
Effective June 30, 2018, removes the described property from the corporate limits of the Town of Wrightsville Beach and adds the described property to the corporate limits of the City of Wilmington. Provides that property in the described territory as of January, 1, 2018, is no longer subject to municipal taxes for taxes imposed for taxable years beginning on or after July 1, 2018, by the Town of Wrightsville Beach, and property in the described territory as of January, 1, 2018, is subject to municipal taxes for taxes imposed for taxable years beginning on or after July 1, 2018, by the City of Wilmington.
Effective June 30, 2018, removes the described property from the corporate limits of the City of Wilmington and adds the described property to the corporate limits of the Town of Wrightsville Beach. Provides that property in the described territory as of January, 1, 2018, is no longer subject to municipal taxes for taxes imposed for taxable years beginning on or after July 1, 2018, by the City of Wilmington, and property in the described territory as of January, 1, 2018, is subject to municipal taxes for taxes imposed for taxable years beginning on or after July 1, 2018, by the Town of Wrightsville Beach.