Bill Summary for H 1017 (2017-2018)
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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
House committee substitute makes the following changes to the 1st edition.
Changes the act's long and short titles. Makes organizational changes to place all of the act's previous provisions in Section 1 and clarifies that the previously proposed provisions apply to Moore County only.
Adds new Section 2, applicable to Stanly County only. Amends GS 105-537 to limit the use of the one-quarter of one percent local option sales tax to public education 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 education.