NC S866

Authorizes Sampson County to levy an additional one-quarter percent (1/4%) local sales and use tax upon voter approval through a county referendum.

Tax levy requires approval by majority vote in a referendum and board of commissioners resolution with 10 days' public notice.

Proceeds from the tax may only be used for public purposes specified in the ballot question or to retire indebtedness incurred for those purposes.

Tax exempts food exempt from sales tax under G.S. 105-164.13B and bundled transactions, and does not apply to construction materials purchased under contracts or bids made before the tax's effective date.

Applies only to Sampson County and counties already levying the first one-cent and one-half cent local sales and use taxes under existing statutes.