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NC S913

Bill

Official Source

Status

Introduced

5/31/2022

Primary Sponsor

Michael Garrett

Click for details

Origin

Senate

2021-2022 Session

AI Summary

  • Allows Guilford County to levy a one-quarter percent (0.25%) local sales and use tax if approved by referendum majority vote
  • Restricts use of tax proceeds to either "any public purpose" or exclusively "public school capital outlay purposes," with voters choosing the designation on the ballot
  • Requires counties choosing school capital outlay purposes to maintain at least the same level of public school capital funding from other sources in the fiscal year prior to voter approval
  • Appropriates $25,000 in nonrecurring funds to Guilford County for the 2022-2023 fiscal year to prepare for the referendum
  • Applies exclusively to Guilford County only

Legislative Description

Restrict Local Sales Tax/School Construction

Appropriations

Last Action

Ref To Com On Rules and Operations of the Senate

6/1/2022

Committee Referrals

Rules and Operations of the Senate6/1/2022

Full Bill Text

No bill text available