NC S26

Authorizes the Sampson County Board of Commissioners to levy an additional local sales and use tax of up to 1 percent, in increments of 0.25 percent, by resolution without requiring a special election.

Requires the board to provide at least 10 days' public notice and hold a public hearing before imposing the tax.

Tax may only be levied if the county already levies all four existing local sales taxes: 1 cent under Article 39, 0.5 cent under Article 40, 0.5 cent under Article 42, and 0.25 cent under Article 46 of Chapter 105.

Exempts food and bundled transactions from the additional tax and requires net proceeds to be allocated monthly by the Secretary of Revenue, with the entire allocation going to the county rather than being divided between the county and municipalities.

Board of Commissioners may repeal the tax by resolution without a special election, with repeal effective at the end of the fiscal year in which adopted; requires 180 days' notice for the first levy and 90 days' notice for subsequent levies.