(a) Imposed; scope. Each self propelled motor vehicle licensed by the state which is resident within the city on January first of each year shall be subject to an annual privilege tax of $5.00. The tax shall be imposed for the fiscal year beginning on July first following the January first date on which the motor vehicle becomes resident in the city. For purposes of determining whether the vehicle is "resident" within the city, the provisions of the Machinery Act (G.S. 105-304 and ch. 105, art. 22A) shall be applicable, and any such motor vehicle which, under the Machinery Act, would be taxable for ad valorem property taxes shall be subject to the tax imposed in this section.
(b) Administration; enforcement. The county tax collector is authorized to issue the tax bills for the tax imposed herein and shall collect the tax imposed herein. The county tax assessor shall have the powers of listing, assessing, discovery, collection, levy, attachment, garnishment, release and rebate authorized under the Machinery Act, to the same extent as such powers and authorities are available for the listing, assessing and collection of ad valorem taxes under the Machinery Act.
(c) Effective date. The privilege tax imposed by this section shall be effective for the ensuing 2010-2011 fiscal year and for all fiscal years thereafter.
(Ord. No. O-10-06-15-4, 6-15-10)