NORTH CAROLINA GENERAL ASSEMBLY

1961 SESSION

 

 

CHAPTER 228

HOUSE BILL 332

 

 

AN ACT TO AMEND CHAPTER 212, 1959 SESSION LAWS, RELATING TO AUTHORIZATION OF COUNTIES TO CALL ELECTIONS ON THE QUESTION OF LEVYING TAXES FOR INDUSTRIAL DEVELOPMENT PURPOSES, MAKING THE SAME APPLY TO TYRRELL COUNTY AS MODIFIED.

 

The General Assembly of North Carolina do enact:

 

Section 1. Chapter 212, 1959 Session Laws, is hereby amended as follows:

(a)       By adding, following the last line in the first paragraph, a new sentence to read as follows:

"Provided, however, that in Tyrrell County the special tax rate shall not exceed ten cents (10¢) on each one hundred dollars ($100.00) valuation of property instead of five cents (5¢) as hereinabove set forth."

(b)       By adding, following the last line in the paragraph designated "G. S. 158-12", the following sentence:

"Provided that in Tyrrell County the tax rate shall not exceed ten cents (10¢) on each one hundred dollars ($100.00) of assessed value, instead of five cents (5¢) as hereinabove set forth."

Sec. 2. Chapter 212, 1959 Session Laws is further amended by rewriting Section 2 thereof so that the said Section, as rewritten, shall read as follows:

"The provisions of this Act shall apply only to the following counties: Caswell, Edgecombe, Franklin, Polk, Rutherford and Vance, and, as hereinabove modified, to Tyrrell County."

Sec. 3. All laws and clauses of laws in conflict with the provisions of this Act are hereby repealed.

Sec. 4. This Act shall be in full force and effect from and after its ratification.

In the General Assembly read three times and ratified, this the 14th day of April, 1961.