§ 105-561 – Authority registration tax authorized.
105-561. Authority registration tax authorized. (a) Tax Authorized. – The board of trustees of an Authority may, by resolution, levy an annual license tax in accordance with this Article upon any motor vehicle with a tax situs within its territorial jurisdiction. The purpose of the tax levied under this Article is to raise revenue for […]
§ 105-562 – Collection and scope.
105-562. Collection and scope. (a) Collection. – A tax or a tax increase levied under this Article becomes effective on the date set by the board of trustees in the resolution levying the tax or the tax increase. The effective date must be the first day of a month and may not be earlier than […]
§ 105-563 – Modification or repeal of tax.
105-563. Modification or repeal of tax. The Board of Trustees may, by resolution, repeal the levy of the tax under this Article or decrease the amount of the tax, under the same procedures and subject to the same limitations as provided in G.S. 105-561. A tax repeal or a tax decrease becomes effective on the […]
§ 105-564 – Distribution and use of proceeds.
105-564. Distribution and use of proceeds. The Authority shall retain the net proceeds of taxes it collects under this Article. Taxes collected by the Division of Motor Vehicles under this Article shall be credited to a special fund and the net proceeds disbursed quarterly to the appropriate Authority. Interest credited to the fund shall be […]
§ 105-570 – County Vehicle Registration Tax; shared with municipalities.
105-570. County Vehicle Registration Tax; shared with municipalities. (a) A county is considered an authority under Article 51 of this Chapter, and the board of commissioners of that county is considered the board of trustees of the authority under Article 51, except that the maximum tax that may be levied by a county under this […]
§ 105-553 – Exemptions and refunds.
105-553. Exemptions and refunds. No exemptions are allowed from a tax levied under this Article. No refunds are allowed for a tax lawfully levied under this Article. (1997-417, s. 3.)
§ 105-554 – Use of tax proceeds.
105-554. Use of tax proceeds. An Authority that levies a tax under this Article may use the proceeds of the tax for any purpose for which the Authority is authorized to use funds. An Authority shall use the tax proceeds to supplement and not to supplant or replace existing funds or other resources for public […]
§ 105-555 – Repeal of tax or decrease in tax rate.
105-555. Repeal of tax or decrease in tax rate. The board of trustees of an Authority may repeal a tax levied under this Article or decrease the tax rate of a tax levied under this Article. The same restrictions that apply to the levy of a tax or an increase in a tax rate under […]
§ 105-560 – Definitions.
105-560. Definitions. (1) Authority. – Any of the following: a. A public transportation authority created pursuant to Article 25 of Chapter 160A of the General Statutes that includes two or more counties. b. A regional public transportation authority created pursuant to Article 26 of Chapter 160A of the General Statutes. c. A regional transportation authority […]
§ 105-536 – Limitations.
105-536. Limitations. This Article applies only to counties that levy the first one-cent (1 ) sales and use tax under Article 39 of this Chapter or under Chapter 1096 of the 1967 Session Laws, the first one-half cent (1/2 ) local sales and use tax under Article 40 of this Chapter, and the second one-half […]