GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2009

S                                                                                                                                                    D

SENATE DRS35222-MC-153  (3/11)

Short Title:        Tax Info Disclosure to State Treasurer.		(Public)
Sponsors:	Senator Dorsett.
Referred to:

A BILL TO BE ENTITLED

AN ACT to permit disclosure of certain tax information of local governments to the department of state treasurer.

The General Assembly of North Carolina enacts:

SECTION 1.  G.S. 105‑259(b) is amended by adding a new subdivision to read:

"(b)      Disclosure Prohibited. – An officer, an employee, or an agent of the State who has access to tax information in the course of service to or employment by the State may not disclose the information to any other person unless the disclosure is made for one of the following purposes:

…

(39) To furnish the Department of State Treasurer with information it requests about whether a unit of local government has timely filed a withholding report, has been charged a penalty, or has paid a penalty, as such information may be helpful in auditing local government accounts pursuant to G.S. 159‑34 and determining compliance with the Local Government Finance Act."

SECTION 2.  This act is effective for taxable years beginning on or after January 1, 2009.