Bill Summary for S 575 (2013-2014)
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Summary date:
Apr 1 2013
Bill Information:
| View NCGA Bill Details | 2013-2014 Session |
A BILL TO BE ENTITLED AN ACT TO AUTHORIZE COUNTY GOVERNMENTS TO PROVIDE FUNDS FOR CAPITAL EXPENSES OF CHARTER SCHOOLS.Intro. by Tucker.
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Bill summary
Amends GS 153A-149(c), whichpermits each county to levy property taxes at a rate of $1.50 per $100.00 on theappraised value of the taxed propertyfor one or more purposes listed in this subsection, to provide as an authorized purposeexpendingup to $250,000 per year to each charter school located within the county for the school's capital expenses. Makes a conforming change to GS 115C-238.29H(a1). Effective July 1, 2013.