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NC S177

Bill

Official Source

Status

Introduced

3/4/2019

Primary Sponsor

Norman Sanderson

Click for details

Origin

Senate

2019-2020 Session

AI Summary

  • Modifies the use of proceeds from Carteret County's one-quarter cent (0.25%) local sales and use tax to be used only for dredging and waterway maintenance
  • Updates the ballot question language to specify that tax proceeds shall be used only for dredging and waterway maintenance
  • Tax expires on the first day of the calendar quarter that is at least 90 days after total net proceeds reach $20,000,000
  • Secretary of State notifies county finance director and board of county commissioners when the $20,000,000 threshold is reached
  • Bill applies only to Carteret County and becomes effective when it becomes law

Legislative Description

Carteret Local Option Sales Tax for Dredging

Last Action

Ref To Com On Rules and Operations of the Senate

3/5/2019

Committee Referrals

Rules and Operations of the Senate3/5/2019

Full Bill Text

No bill text available