Orange County NC Website
Browse       Search
Full Text of Senate Bill 518-Loc...ar 1cents Sales TaxNote. (Public) http://www.ncga.state.nc.us/.htm11997/bills/senate/sbi10518.full.html <br /> 39 <br /> election shall be held on a date jointly agreed upon by the two boards and <br /> shall be held in accordance with the procedures of G.S. 163-287. <br /> (b) Ballot Question. - - The form of the question to be <br /> presented on a ballot for a special election concerning the levy of the <br /> taxes authorized by this Article shall be: <br /> [ ] FOR [ ] AGAINST <br /> temporary one percent (1t) local sales and use taxes, in addition to the <br /> current two percent (2t) local sales and use taxes, for a period of one <br /> year. <br /> "$ 105- 509. Levy and collection of taxes. <br /> If the majority of those voting in a referendum held pursuant <br /> to this Article vote for the levy of the tax, the board of commissioners <br /> of the county may, by resolution, levy one percent (1%) local sales and <br /> use taxes in addition to any other State and local sales and use taxes <br /> levied pursuant to law. Except as provided in this Article, the adoption, <br /> levy, collection, administration, and repeal of these additional taxes <br /> shall be in accordance with Article 39 of this Chapter. In applying the <br /> provisions of Article 39 of this Chapter to this Article, references to <br /> this Article' mean 'Article 43 of Chapter 105 of the General <br /> Statutes' . <br /> "§ 105- 510. Distribution and use of <br /> taxes. <br /> The Secretary shall, on a quarterly basis, allocate the net <br /> proceeds of the tax levied under this Article to the taxing counties on a <br /> per capita basis according to the most recent annual population estimates <br /> certified to the Secretary by the State Budget Officer. The amount <br /> allocated to each taxing county shall then be divided among the county and <br /> its municipalities in accordance with the method by which the one percent <br /> (1%) sales and use taxes levied in that county pursuant to Article 39 of <br /> this Chapter or Chapter 1096 of the 1967 Session Laws are distributed. If <br /> any taxes levied under this Article by a county have not been collected in <br /> that county for a full quarter because of the levy or repeal of the taxes, <br /> the Secretary shall distribute a pro rata share to that county for that <br /> quarter based on the number of months the taxes were collected in that <br /> county during the quarter. <br /> The proceeds of a tax levied under this Article may be used for <br /> any lawful public purpose. <br /> "$ 105-511. Expiration. <br /> A tax levied under this Article expires one year after the <br /> effective date of its levy. A county's authority to levy a tax under this <br /> Article expires one year after the effective date of its levy of a tax <br /> under this Article. The expiration of a tax pursuant to this Article does <br /> not affect the rights or liabilities of the county, a taxpayer, or another <br /> person arising under the expired tax; nor does it affect the right to any <br /> refund or credit of a tax that would otherwise have been available under <br /> the expired tax before its expiration. " <br /> Section 2. This act is effective when it becomes law. <br /> 2 of 2 05/15/97 09:09:41 <br />