GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2007

H                                                                                                                                                    2

HOUSE BILL 885

Second Edition Engrossed 4/24/07

Short Title:     Town of Morrisville Motor Vehicle Tax.		(Local)
Sponsors:	Representative T. Harrell.
Referred to:	Local Government I, if favorable, Finance.

March 20, 2007

A BILL TO BE ENTITLED

AN ACT to permit the towns of apex and Morrisville to levy a motor vehicle privilege tax of up to fifteen dollars For each Resident vehicle located in the town.

The General Assembly of North Carolina enacts:

SECTION 1.  This act applies to the Towns of Apex and Morrisville only.

SECTION 2.  G.S. 20‑97(b) reads as rewritten:

"(b)      General Municipal Vehicle Tax. – Cities and towns may levy a tax of not more than five dollars ($5.00) fifteen dollars ($15.00) per year upon any vehicle resident in the city or town. The proceeds of the tax up to five dollars ($5.00) may be used for any lawful purpose. The proceeds of these taxes derived from any levy above five dollars ($5.00) and up to fifteen dollars ($15.00) shall be used exclusively for transportation‑related purposes, including sidewalks."

SECTION 3.  This act is effective for taxes imposed for taxable years beginning on or after July 1, 2007.