Bill Summary for S 111 (2019-2020)

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Summary date: 

Feb 21 2019

Bill Information:

View NCGA Bill Details2019-2020 Session
Senate Bill 111 (Public) Filed Thursday, February 21, 2019
AN ACT TO PROVIDE FOR PAYMENTS IN LIEU OF TAXES TO SUPPORT LOCAL SCHOOLS FOR LANDS INCLUDED IN THE SANDHILLS GAME LAND.
Intro. by McInnis.

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Bill summary

Enacts new GS 143-254.10, as the title indicates. Sets the annual payment at $2 per acre. Sets out requirements for the payment schedule and how to calculate the per county distribution of funds.