GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2007

H                                                                                                                                                    1

HOUSE BILL 2097

 

 

 

 

Short Title:     Repeal Transfer Tax.

(Public)

Sponsors:

Representatives Gibson, J. Harrell, Goforth, Lewis (Primary Sponsors);  Avila, Boylan, Brown, Cleveland, Coates, Dockham, Dollar, Faison, Gulley, Hilton, Jeffus, Killian, Langdon, Samuelson, Setzer, Starnes, Thomas, Tillis, and Wray.

Referred to:

Rules, Calendar, and Operations of the House, if favorable, Finance.

May 14, 2008

A BILL TO BE ENTITLED

AN ACT TO REPEAL THE AUTHORIZATION FOR ALL COUNTIES TO LEVY A one-fourth CENT LOCAL LAND TRANSFER TAX.

The General Assembly of North Carolina enacts:

SECTION 1.  Subchapter X of Chapter 105 of the General Statutes is repealed.

SECTION 2.  G.S. 105-537(d) is repealed.

SECTION 3.  This act is effective when it becomes law.