NORTH CAROLINA GENERAL ASSEMBLY

1959 SESSION

CHAPTER 598

HOUSE BILL 577

AN ACT TO AMEND G. S. 105-311 RELATIVE TO THE TIME FOR LISTING PROPERTY FOR AD VALOREM TAXATION.

The General Assembly of North Carolina do enact:

Section 1. Section 105-311, as same appears in the 1958 Recompiled Volume 2C of the General Statutes, is hereby amended by inserting between the period and the word "nothing" in line 7 the following:

"Provided further, that corporations, firms, partnerships, and sole proprietorships engaged in manufacturing or wholesale or retail businesses may make application to the board of county commissioners for an extension of time within which to list their taxes and the board may, upon good cause shown, make a reasonable extension of time which shall not in any event be extended beyond the 15th day of April. If such applications are made in good faith before the expiration of the regular or generally extended listing period and the returns are filed within the time so extended by the board of commissioners, the late listing penalty shall not apply. In the event the application for extension shall be denied, the return shall be filed within 10 days after notification of such denial and if not made within such 10 days the penalty for late listing shall apply. This Act shall apply to Rockingham County only."

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 All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3. This Act shall be in full force and effect on and after January 1, 1960.

In the General Assembly read three times and ratified, this the 22nd day of May, 1959.