Agenda - 06-18-1985 - Laserfiche WebLink

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GENERAL ASSEMBLY OF NORTH CAROLINA the SESSION 1985 a resolution,Before adopting 1 county or city shall obtain a 2 statement from the Department o f Revenue setting forth the 3 Department s estimate the anticipated revenue loss of the • timate of would generate the amount county or city and the surtax rate that or city may not 4 a surtax, the county of the loss. . In levying specified in the 5 than that spa 6 impose a surtax at a rate higher a surtax t, .5 statement. A copy of a resolution levying 7 Department's Local income to the Department. .B shall immediately be sent shall be collected by the Department. !' 9 �nrtaxes s this Sec. . 15. . The amendments set forth in Section 1 of 10 nalif ied voters of the State at 11 act shall he submitted to the g 12 the statewide general election in November ovembeT of 1986• which shall the t3 be conducted under the laws then governing elections in t election, each qualified voter who desires to 14 State. . At that be printed the 15 vote shall be provided a ballot on which shall 16 following- .amendments repealing the FOR constitutional other 17 p a the intangibles tax, and all inventory tax, 18 and replacing property taxes, a 20 lacing these taxes with increased State sales and use taxes and 20 � ' distribution of income tax revenue. . soling the 21 amendments rep '�w AGAINST constitutional all other 22 inventory tax, the intangibles tax, and I . 23 these taxes with property taxes, and replacing 21, use taxes and a increased State sales and z5 avenue." uti on of income tax .r st rib di b 6 the amendments shall vote by 27 those qualified voters favoring mark in the square beside the statement � 28 ma=king an n%„ or a check 9 House Bill 1314