NORTH CAROLINA GENERAL ASSEMBLY

1963 SESSION

 

 

CHAPTER 598

HOUSE BILL 938

 

 

AN ACT RELATING TO THE DISPOSITION OF CERTAIN TAXES IN YANCEY COUNTY.

 

The General Assembly of North Carolina do enact:

 

Section 1. The Board of County Commissioners of Yancey County is hereby authorized to pay into the general fund all or any part of the proceeds of the taxes for any year prior to the date of sale of the tax liens, which are collected at any time subsequent to the date of such sale: Provided, that this authority shall cease as of the first day of July of the year of the next property revaluation in Yancey County.

Sec. 2. The Board of County Commissioners of Yancey County is hereby authorized to pay into the general fund all or any part of the intangibles tax funds distributed to the county pursuant to G. S. 105-213: Provided, that this authority shall cease as of the first day of July of the year of the next scheduled revaluation in the county.

Sec. 3. All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 4. This Act shall be in full force and effect from and after its ratification.

In the General Assembly read three times and ratified, this the 28th day of May, 1963.