GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2025
H 2
HOUSE BILL 338
Committee Substitute Favorable 3/18/25
Short Title: Town of Oak Island/Deannexations. (Local)
Sponsors:
Referred to:
March 10, 2025
*H338 -v-2*
A BILL TO BE ENTITLED 1
AN ACT TO REMOVE CER TAIN DESCRIBED PROPERTY FROM THE CORPORA TE 2
LIMITS OF THE TOWN OF OAK ISLAND. 3
The General Assembly of North Carolina enacts: 4
SECTION 1. The following described property, identified by Brunswick County 5
Tax Office Parcel Number, is removed from the corporate limits of the Town of Oak Island: 6
220NA002; 220NA011; 220NA014; 220NA019; 220NA021; 220NA04401; 220NA053; 7
220NA082; 220NA101; 220NA104; and 220NA110. 8
SECTION 2. This act has no effect upon the validity of any liens of the Town of 9
Oak Island for ad valorem taxes or special assessments outstanding before the effective date of 10
this act. Such liens may be collected or foreclosed upon after the effective date of this act as 11
though the property were still within the corporate limits of the Town of Oak Island. 12
SECTION 3. This act becomes effective June 30, 2025. Property in the territory 13
described in Section 1 of this act as of January 1, 2025, is no longer subject to municipal taxes 14
for taxes imposed for taxable years beginning on or after July 1, 2025. 15