Bill Summary for H 1017 (2017-2018)
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Summary date:
May 24 2018
Bill Information:
View NCGA Bill Details(link is external) | 2017-2018 Session |
AN ACT TO MODIFY THE QUARTER -CENT LOCAL OPTION SALES TAX FOR MOORE AND STANLY COUNTIES.Intro. by Boles, McNeill.
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Bill summary
Applicable to Moore County only, amends GS 105-537 to limit the use of the one-quarter of one percent local option sales tax to public school construction, repair, and renovations purposes. Adds to the ballot language such that tax on a purchase of $100 would be an extra 25 cents. Makes conforming changes to GS 105-538, and clarifies that the county is to use funds collected from local sales tax to supplement and not supplant or replace existing funds or other resources for public school construction.