GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2005
SESSION LAW 2005-134
SENATE BILL 537
AN ACT to allow the payment of taxes in limited circumstances by offset of an obligation owed to the taxpayer by the taxing unit.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 105-357(a) reads as rewritten:
"(a) Medium of Payment. -
Taxes shall be payable in existing national currency. Deeds to real property,
notes of the taxpayer or others, bonds or notes of the taxing unit, and
payments in kind shall not be accepted in payment of taxes, nor shall any taxes.
A taxing unit may not permit the payment of taxes by offset of any
bill, claim, judgment, or other obligation owed to the taxpayer by the taxing
unit. The prohibition against payment of taxes by offset does not apply to
offset of an obligation arising from a lease or another contract entered into
between the taxpayer and the taxing unit before July 1 of the fiscal year for
which the unpaid taxes were levied."
SECTION 2. This act is effective when it becomes law.
In the General Assembly read three times and ratified this the 23rd day of June, 2005.
s/ Marc Basnight
President Pro Tempore of the Senate
s/ James B. Black
Speaker of the House of Representatives
s/ Michael F. Easley
Governor
Approved 1:32 p.m. this 29th day of June, 2005