NC S532

Allows counties to levy local sales and use tax in increments of one-quarter percent (0.25%) instead of a fixed one-quarter percent rate, providing flexibility in tax rate selection.

Sets maximum total local sales and use tax rates at 2.5% for counties authorized to levy tax under Part 6 of Article 43, and 2.75% for counties authorized under Parts 2, 4, or 5 of Article 43.

Requires county board of commissioners to obtain voter approval through referendum before levying the tax, with elections held at least one year apart.

Allows counties to designate tax proceeds for either "any public purpose" or specifically for "public education purposes" including school capital outlay, classroom teacher salary supplements, and community college support.

Takes effect immediately upon enactment.