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NC H298
Bill
Status
Engrossed
4/30/2025
Primary Sponsor
Ray Pickett
Click for details
AI Summary
- Local governments may collect system development fees in installments for new nonresidential development with calculated increased flow rates between 325 and 2,500 gallons per day
- Installment plans must be completed within three years or less from the time of building permit application or connection application, whichever comes first
- Interest on installments cannot exceed the rate set by the Secretary of Revenue under G.S. 105-241.21 as of the connection date
- Effective upon becoming law and applies to system development fees imposed on or after that date
Legislative Description
Local Gov'ts/System Development Fees
Infrastructure
Last Action
Ref To Com On Rules and Operations of the Senate
4/30/2025
Committee Referrals
Rules and Operations of the Senate4/30/2025
Rules, Calendar, and Operations of the House4/10/2025
Housing and Development4/3/2025
Finance4/1/2025
State and Local Government3/6/2025
Full Bill Text
No bill text available