NORTH CAROLINA GENERAL ASSEMBLY
1979 SESSION

CHAPTER 1022
HOUSE BILL 1365

AN ACT TO APPROPRIATE TO THE DEPARTMENT OF STATE TREASURER FUNDS TO BE USED FOR THE PURPOSE OF STUDYING THE RATIO OF APPRAISED PROPERTY VALUES TO TRUE PROPERTY VALUES.

The General Assembly of North Carolina enacts:

Section 1.  There is hereby appropriated from the General Fund to the Department of State Treasurer, in addition to all other appropriations, the sum of one hundred fifty thousand dollars ($150,000) for fiscal year 1979-80 which shall be used by the Local Government Commission for the sole purpose of making or contracting to have made a study of the ratio of appraised value of real and personal property to its true value in each county and publishing the results of the study, as required by G.S. 105-289(h).
Sec. 2.  This act shall become effective July 1, 1979.
In the General Assembly read three times and ratified, this the 8th day of June, 1979.