Orange County NC Website
MA <br />TF -8: Seek a legislative study of the impact to local govern- <br />ment finances of exempting previously taxable properties <br />from the property tax base when acquired by nonprofits. <br />• A changing health insurance and payment environment has <br />led to the purchase of medical practices by the state's lead- <br />ing non - profit hospitals. <br />• Generally, the non - profit's tax exemption status conveys to <br />those entities merged with the parent company. Stand -alone <br />private medical practices subject to county property and <br />sales taxes prior to purchase by the non - profit entity would <br />be tax - exempt after consolidation, eroding the county tax <br />base without a commensurate decrease in needed county <br />services. <br />TF -9: Seek legislation to renew the study of compensation <br />to counties for property acquired by the state and removed <br />from the ad valorem tax base. <br />• Legislation in 2013 authorized a State Payment in Lieu of <br />Taxes Study Commission to examine the development of a <br />state PILT program to reimburse counties for housing state - <br />owned, tax - exempt properties. <br />• No Senate appointments were made to initiate the study <br />commission, whose authority terminated upon the conven- <br />ing of the 2015 General Assembly. <br />TF -10: Seek legislation to prevent title transfers of vehicles <br />on which property taxes are owed. <br />• Under the current tax -tag together program, it is possible to <br />transfer the title of a vehicle on which property taxes are still <br />owed to another owner. This change would prevent transfers <br />until the original owner pays the vehicle property taxes owed <br />to the county. <br />