§ 105-508.1. Limitations.
§ 105‑508.1. Limitations.
A transportation authority maynot levy a tax under Part 4 or 5 of this Article unless:
(1) It operates a publictransportation system.
(2) It has developed afinancial plan and distributed it to each unit of local government locatedwithin its territorial jurisdiction. The plan must be approved by the board ofcommissioners of each county in the district prior to the levy of the tax. Ifthe board of commissioners of a county in a multicounty district does not adoptthe plan, the transportation authority may remove that county from thedistrict, and no tax may be levied in that county under this Part. Thefinancial plan must provide for equitable use of the net proceeds within or tobenefit the special district created under Part 4 or Part 5 of this Article andconsider (i) the identified needs of local public transportation systems in thedistrict, (ii) human service transportation systems within the district, and(iii) expansion of public transportation systems to underserved areas of thedistrict. The financial plan must also be approved by all Metropolitan PlanningOrganizations under Article 16 of Chapter 136 of the General Statutes whosejurisdiction includes any of the area of the special district. The plan may berevised from time to time. An interlocal agreement between the transportationauthority and all the counties in the special district may require periodicreview and approval of the financial plan.
(3) The tax is approvedby the voters. (2009‑527,s. 2(b).)