AN ACT  to cap the ad valorem tax rate of the town of wentworth.

The General Assembly of North Carolina enacts:

SECTION 1.  The Charter of the Town of Wentworth, being Section VII of Chapter 76 of the Private Laws of 1798, as amended by S.L. 1997‑322 and S.L. 2003‑330, is amended by adding a new section to read:
"Sec. 1.2. Except with an approving vote of the people as provided by G.S. 160A‑209(f), the Town may not levy property taxes at a rate higher than thirty‑five cents (35¢) on the one hundred dollars' ($100.00) appraised value of property subject to taxation."
SECTION 2.  This act becomes effective July 1, 2007.
In the General Assembly read three times and ratified this the 2nd day of August, 2007.

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		 Beverly E. Perdue
	 President of the Senate

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		 Joe Hackney
	 Speaker of the House of Representatives