HB 1017 — Moore/Stanly Local Sales Tax Use Restriction.

GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2017 H 21 HOUSE BILL 1017 Committee Substitute Favorable 6/6/18 Short Title:

Moore/StanlyMoore County Local Sales Tax Use Restriction.

Representatives Boles and McNeill (Primary Sponsors).

For a complete list of sponsors, refer to the North Carolina General Assembly web site.

State and Local Government II, if favorable, Finance May 28, 2018 A BILL TO BE ENTITLED AN ACT TO MODIFY THE QUARTER-CENTQUARTER CENT LOCAL OPTION SALES TAX FOR MOORE ANDCOUNTY. STANLY COUNTIES.

SECTION 1.(a)1. This section applies to Moore County only.

SECTIONThis 1.(b)act G.S.applies to Moore County only.

SECTION 2.

G.S.

For example, tax on a purchase of one hundred dollars ($100.00) would be an extra twenty-five cents (25¢)." SECTION 1.(c)3. G.S.

105-538 reads as rewritten:

"§ 105-538.

Administration and use of taxes.

(a) Administration.

– The Secretary shall, on a monthly basis, allocate to each taxing county the net proceeds of the tax levied under this Article.

If the Secretary collects taxes under this Article in a month and the taxes cannot be identified as being attributable to a particular taxing county, the Secretary must allocate the net proceeds of these taxes among the taxing counties in proportion to the amount of taxes collected in each county under this Article in that month.

For purposes of this Article, the term "net proceeds" has the same meaning as defined in G.S.

105-472.

Except as provided in this Article, the adoption, levy, collection, administration, and repeal of these additional taxes must be in accordance with Article 39 of this Chapter.

105-468.1 is an administrative provision that applies to this Article.

A tax levied under this Article does not apply to the sales price of food that is exempt from tax pursuant to G.S.

105-164.13B or to the sales price of a bundled transaction taxable pursuant to G.S.

105-467(a)(5a).

The Secretary shall not divide the amount allocated to a county between the county and the municipalities within the county.

(b) Use.

– A county may use funds received under this Article only for funding public school construction, repair, and renovation purposes.

A countyshall use funds to supplement and not to supplant or replace existing funds or other resources for public school construction." SECTION 2.(a) This section applies to Stanly County only.

SECTION 2.(b) G.S.

105-537(c) reads as rewritten:

"(c) Ballot Question.

– The form of the question to be presented on a ballot for a special election concerning the levy of the tax authorized by this Article shall be:

*H1017-v-2* General Assembly Of North Carolina Session 2017 "[ ] FOR [ ] AGAINST Local salesand usetax attherateofone-quarter(1/4)ofonepercent (0.25%) (1%)in addition to all other State and local sales and use taxes.taxes, to be used only for public education purposes.

For example, tax on a purchase of one hundred dollars ($100.00) would be an extra twenty-five cents (25¢)." SECTION 2.(c) G.S.

– A county may use funds received under this Article only for funding public education.school construction, repair, and renovation purposes.

A countycountyshall shall use funds to supplement and not to supplant or replace existing funds or other resources for public education."school construction." SECTION 3.4.

Page*H1017-v-1* 2 House Bill 1017-Second Edition