The bill provides that the Revenue Laws Study
Committee is required to study certain issues
as follows and to report its findings to the 2014
regular session of the General Assembly: the
authority of cities and counties to impose a
privilege tax on businesses, the elimination of
the state and local sales and use tax refund
on nonprofit entities, the simplification of
the franchise tax base calculation and the
elimination of the franchise tax, the feasibility
of expanding the sales tax base to include
additional services, among other issues. The
bill does not change current law relating to
state and local privilege license taxes.
S.L. 2013-395:
An Act to Delay Additional
Implementation of the Jordan Lake Rules
and Jordan Lake Session Laws and Provide
for Alternative Implementation of the
Protection of Existing Buffers Rule.
S.L. 2013-371:
An Act to Extend and
Amend the Authority Counties and Cities
have to use Special Assessments to Address
Critical Infrastructure Needs.
S.L. 2013-402:
An Act to Provide a
Procedure to Remove an Area from a County
Service District.
Realizing that this is an enormous amount of
information to digest, be confident that we
are representing your interests and will assist
with your understanding of these new laws
to the best of our ability. The Short Session
of the NC General Assemble should begin in
May 2014 and during the off-season we plan
to work closely with the ERC in their study of
the statutory models of water and wastewater
systems. Please contact us anytime that we
can be of assistance to you.
THE NCRWA MAILBOX
Fall 2013 |
NCRWA.COM
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