NC S793

Guilford County may levy a local sales and use tax at a rate of one-quarter percent (0.25%) upon voter approval in a referendum.

Ballot questions must specify which education-related purpose the tax revenue will support, with options including public education, school capital outlay, teacher salary supplements, or community college support.

Counties may combine local sales tax referendums with bond referendums on a single ballot and must provide notice of anticipated tax revenue and maximum bond amounts.

Tax net proceeds must be allocated monthly by the Secretary and cannot be divided between the county and municipalities within the county.

This act applies to Guilford County only and becomes effective upon enactment.