NORTH CAROLINA GENERAL ASSEMBLY

1963 SESSION

 

 

CHAPTER 157

HOUSE BILL 142

 

 

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

 

The General Assembly of North Carolina do enact:

 

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

(a)       By adding, following the last line of the first paragraph, a new sentence to read as follows: "Provided, however, that in Mitchell County the special tax rate shall not exceed ten cents (10¢) on each one hundred dollar ($100.00) valuation of property instead of five cents (5¢) as hereinabove set forth."; and

(b)       By adding, following the last line in the paragraph designated "G. S. 158-12", the following sentence: "Provided that in Mitchell County the tax rate shall not exceed ten cents (10¢) on each one hundred dollars ($100.00) of assessed valuation, instead of five cents (5¢) as hereinabove set forth."

Sec. 2. Chapter 212, Session Laws of 1959, is further amended by rewriting Section 2 to read as follows:

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

Sec. 3. All laws and clauses of laws in conflict with this Act are hereby repealed.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 3rd day of April, 1963.