GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2007
SESSION LAW 2007-108
HOUSE BILL 885
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.
In the General Assembly read three times and ratified this the 26th day of June, 2007.
s/ Beverly E. Perdue
President of the Senate
s/ Joe Hackney
Speaker of the House of Representatives