Town of Newport/Deannexation.

This bill removes a specific area of land from the corporate limits of the Town of Newport in Carteret County, North Carolina. The property in question is a detailed parcel of land within the Lake View Park subdivision, bounded by existing roads, railroad tracks, and neighboring lots. Once the bill takes effect on June 30, 2024, this land will no longer be subject to municipal taxes imposed for taxable years beginning on or after July 1, 2024. The legislation also clarifies that any outstanding tax liens or special assessments against the town for this property before the effective date remain valid and enforceable.