Allows North Carolina counties to permit property assessments to be paid in semiannual or annual installments.
This bill authorizes North Carolina counties to allow property owners to pay their assessments in either semiannual or annual installments. The board of commissioners can set the number of installments, up to 10 for semiannual or 20 for annual payments. The bill applies to assessments confirmed on or after the date it becomes law.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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