REQUIRE AD VALOREM LOST DISTRIB./CARTERET.

Printer-friendly: Click to view
View NCGA Bill Details2021
House Bill 441 (Local) Filed Monday, March 29, 2021
AN ACT TO REQUIRE CARTERET COUNTY TO USE THE AD VALOREM METHOD OF DISTRIBUTION FOR LOCAL SALES AND USE TAX.
Intro. by McElraft.

Status: Ref to the Com on Local Government, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House (House action) (Mar 30 2021)
H 441

Bill Summaries:

  • Summary date: Mar 29 2021 - View Summary

    Applicable to Carteret County only, amends GS 105-472 to require allocation and distribution of local sales and use taxes collected using the ad valorem method (current law requires counties to annually choose the per capita or ad valorem method by resolution).