GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2011

H                                                                                                                                                    1

HOUSE BILL 167

Short Title:        Extend Assessment Refund Period.		(Public)
Sponsors:	Representatives Iler and Hill (Primary Sponsors). For a complete list of Sponsors, see Bill Information on the NCGA Web Site.
Referred to:	Government, if favorable, Finance.

February 24, 2011

A BILL TO BE ENTITLED

AN ACT to extend the period for local governments to refund specified unused assessments.

The General Assembly of North Carolina enacts:

SECTION 1.  Section 7 of S.L. 2010-129 reads as rewritten:

"SECTION 7.  A local government that imposed an assessment prior to 20072012 to finance a capital project that has been assumed by another unit of local government may return unused assessments to the person that paid the assessment."

SECTION 2.  This act is effective when it becomes law.