Bill Summary for S 163 (2023-2024)

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Bill: LOCAL GOVERNMENTS/SYSTEM DEVELOPMENT FEES.

Summary date: 

Feb 27 2023

Bill Information:

View NCGA Bill Details2023-2024 Session
Senate Bill 163 (Public) Filed Monday, February 27, 2023
AN ACT GRANTING LOCAL GOVERNMENT UNITS THE AUTHORITY TO EXEMPT PROPERTY BEING DEVELOPED FOR AFFORDABLE HOUSING FROM SYSTEM DEVELOPMENT FEES.
Intro. by Lowe.

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Bill summary

Amends GS 162A-203 to allow a local government unit or a joint agency to exempt affordable housing parcels from a system development fee. Requires the unit or joint agency to adopt criteria for determining whether a parcel qualifies for the exemption.