Bill Summary for H 1044 (2021-2022)
Jun 22 2022
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AN ACT TO REMOVE CERTAIN DESCRIBED PROPERTY FROM THE CORPORATE LIMITS OF THE TOWN OF BEECH MOUNTAIN AND TO REMOVE CERTAIN DESCRIBED PROPERTY FROM THE CORPORATE LIMITS OF THE CITY OF MORGANTON.Intro. by Greene.
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Senate committee substitute to the 2nd edition adds the following content.
Removes the described property from the corporate limits of the Town of Morganton (Town). Provides a savings clause for the validity of any liens of the Town for outstanding ad valorem taxes or special assessments. Effective June 30, 2022. Deems property in the described territory as of January 1, 2022, no longer subject to municipal taxes for taxable years beginning on or after July 1, 2022. Makes conforming changes to the act's titles.