Laserfiche WebLink
PROPOSED GOALS - 1995 <br /> TAXATION AND FINANCE <br />Intangibles Tax <br />Oppose legislation to repeal the tax on intangible personal property unless permanent alternative <br />revenues are provided to local governments which: provide for growth, assure that all local <br />governments receive revenue or compensatory decreases in mandated expenditures equal to or <br />greater than the proceeds of the intangibles tax and avoid shifting the tax burden to citizens with <br />a lower ability to pay. <br /> <br />Valuation Appeals <br />Seek: legislation requiring tax consultants to pay a filing fee for appeals involving commercial <br />and industrial property valuations. <br /> <br />Real Property Transfer Tax <br />Seek legislation to authorize counties to enact a I% transfer tax on real property transactions, <br />with revenues dedicated to public education needs. <br /> <br />*Sales Tax Refunds <br />Seek legislation allowing public schools and community colleges to receive refunds of state and <br />local sales taxes. <br /> <br />Elderly Homestead Exemption <br />Seek legislation to increase the income eligibility threshold for the elderly homestead exemption <br />to $15,000. <br /> <br />Emergency Medical Services <br />Seek legislation to amend G.S. 44-51.4 to provide local governments authority to place a lien on <br />personal property for the collection of Emergency Medical Services bills. <br /> <br />Foreclosure Liens <br />Support legislation to amend G.S. 105-374(i) to allow counties to add attorney's fees in cases <br />where liens are satisfied before foreclosure; capped at 5% of the tax value or $500, wkichever <br />is higher. <br /> <br />Construction In Proaress <br />Oppose legislation to exempt construction in progress (CIP) from local property, taxes. <br /> <br />*Growth In Reimbursements <br />Seek legislation re-establishing growth in state reimbursements for inventory and intangibles taxes <br />previously repealed by the General Assembly, and for half of the loss in local revenue resulting <br />from the Homestead Exemption. <br /> <br />*State Mandates <br />Seek legislation to require that the state provide adequate funding to support programs mandated <br />by state [aw or regulation. Oppose efforts to impose "non-supplant" or "maintenance of effort" <br />requirements on local governments. <br /> <br /> <br />