NORTH CAROLINA GENERAL ASSEMBLY

1963 SESSION

 

 

CHAPTER 1226

HOUSE BILL 838

 

 

AN ACT TO AMEND SECTION 130-141 OF CHAPTER 130 OF THE GENERAL STATUTES OF NORTH CAROLINA CONCERNING THE VALUATION OF PROPERTY FOR TAX PURPOSES IN SANITARY DISTRICTS LOCATED IN TWO OR MORE COUNTIES.

 

The General Assembly of North Carolina do enact:

 

Section 1.  Section 130-141 of Chapter 130 of the General Statutes of North Carolina is hereby amended by inserting a new paragraph to be inserted at the end of said Section to read as follows:

"In any sanitary district located in two or more counties any one or more of which have different assessment ratios for tax purposes, the sanitary district board of such sanitary district shall, in order that all taxable property within the sanitary district shall be subject to taxation for sanitary district purposes the same as if the same assessment ratio were used throughout the entire sanitary district, (i) certify to the boards of commissioners of such counties such different determinations as to the numbers of cents per one hundred dollars ($100.00) to be levied against the taxable property within the portion of the sanitary district located within such county or counties as will provide the amount of funds to be raised for the ensuing year for sanitary district purposes as hereinabove mentioned, or (ii) in the event the sanitary district board shall elect to levy and collect such sanitary district taxes itself, adjust the valuations of assessable property within the sanitary district as filed with the sanitary district board by the respective boards of commissioners."

Sec. 2.  All laws and clauses of laws in conflict with the provisions of this Act are hereby repealed.

Sec. 3.  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 26th day of June, 1963.