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NC H326
Bill
Status
Introduced
3/11/2019
Primary Sponsor
Charles McGrady
Click for details
AI Summary
- Authorizes the City of Hendersonville to levy a one-quarter percent (1/4%) local sales and use tax in addition to all other state and local sales taxes
- Tax requires approval by majority vote in a referendum conducted by the county board of elections on a date jointly agreed upon by the city and elections board
- Net proceeds from the tax must be used exclusively for street improvement, including grading, surfacing, widening, paving, acquiring rights-of-way, and constructing sidewalks, curbs, and gutters
- Tax does not apply to food exempt under state law or bundled transactions; the state Secretary collects and distributes revenues monthly to the city
- Applies only to the City of Hendersonville and becomes effective upon enactment
Legislative Description
Hendersonville Local Option Sales Tax
Last Action
Ref to the Com on State and Local Government, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House
3/12/2019
Committee Referrals
State and Local Government3/12/2019
Full Bill Text
No bill text available