New Hanover County commissioners discussed their 2014 federal legislative priorities during an agenda briefing Thursday.
WILMINGTON, NC (WECT) – New Hanover County commissioners discussed their 2014 federal legislative priorities during an agenda briefing Thursday.
At their regular meeting Monday night, commissioners will vote on the following priorities recommended by staff:
Revisions to the Biggert-Waters Flood Insurance Reform Act
The commissioners' motion would support efforts to delay the implementation of the act, which would result in steep flood insurance rate increases for some policyholders. The measure would also urge Congress to direct an independent examination of the rates.
Reauthorization of Water Resources Development Act of 2013
The act "promotes investment in the nation's critical water resources infrastructure, accelerates project delivery, and reforms the implementation of Corps of Engineers projects," according to the county's agenda packet.
Local Government Bond Interest Income Taxation Exemption
The county uses tax exempt bonds to fund infrastructure projects. Staff said the proposed elimination of the income-tax exclusion would result in higher rates on financing.
Marketplace Fairness Act
The act would give state and local governments the authority to enforce already existing sales tax on online sales. Currently, customers are expected to self-report taxes on online purchases.
"The act would compel remote and catalog vendors to collect sales taxes on behalf of states and local governments, generating an estimated $23 billion in tax revenue," according to the board packet.
Commissioners will also consider a slate of federal issues proposed by the North Carolina Association of County Commissioners.
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