NC H532

Increases the maximum property tax rate for research and production service districts from 10 cents to 20 cents per $100 of property value, removing the previous exception that allowed 20 cents only for districts meeting certain economic development criteria

Authorizes multi-county research and production service districts and urban research service districts (URSDs), allowing counties to establish districts that cross county lines through concurrent resolutions

Permits counties to designate research park developers as agents who may contract for services, construction, and procurement within districts, and allows developer-agents to own infrastructure such as streets, sidewalks, parks, schools, utilities, and public transportation systems

Allows advisory committee appointments in multi-county districts to be divided proportionately based on each county's share of the district's size

Expands the definition of public transportation for county property tax purposes to include greenways that support public conveyance