Bill Summary for H 1017 (2017-2018)

Bill Information:

View NCGA Bill Details2017-2018 Session
House Bill 1017 (Local) Filed Thursday, May 24, 2018
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.

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