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McCrory signs Monkey Junction tax bill into law

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WILMINGTON, NC (WWAY) -- Gov. Pat McCrory has signed into a law an exemption that will keep residents in Monkey Junction from having to pay property taxes to the City of Wilmington.

The city annexed the area for a few months, before a new law last year let residents petition to stop from being forcibly annexed into a municipality. Residents voted overwhelmingly against the annexation, but it meant they technically owed property taxes for the months they were part of the city.

The bill McCrory signed, sponsored by Sen. Thom Goolsby (R-9th District), requires city's to waive the taxes for areas that were annexed for six months or less then deannexed.

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