NORTH CAROLINA GENERAL ASSEMBLY

1967 SESSION

 

 

CHAPTER 704

HOUSE BILL 452

 

 

AN ACT TO AUTHORIZE PAYMENT OF DELINQUENT MUNICIPAL TAXES TO THE GENERAL FUND.

 

The General Assembly of North Carolina do enact:

 

Section 1.  Chapter 160 of the General Statutes is hereby amended by inserting therein a new Section, to be designated as G.S. 160-58.1, and to read as follows:

"G.S. 160-58.1.  Delinquent Taxes. The governing body of any municipality may, in its discretion, direct the payment into the general fund of all or any part of the proceeds of taxes which are collected subsequent to the end of the second fiscal year following the fiscal year for which they were levied."

Sec. 2.  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3.  This Act shall be effective upon its ratification.

In the General Assembly read three times and ratified, this the 6th day of June, 1967.