Bill Text: NC S5 | 2016 | 4th Special Session | Amended

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Bill Title: Repeal Sales Tax Exemption

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-12-14 - Ref To Com On Finance [S5 Detail]

Download: North_Carolina-2016-S5-Amended.html

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GENERAL ASSEMBLY OF NORTH CAROLINA

FOURTH EXTRA SESSION 2016

S                                                                                                                                                     1

SENATE BILL 5

 

 

Short Title:      Repeal Sales Tax Exemption.		(Public)
Sponsors:	Senator B. Jackson (Primary Sponsor).
Referred to:	Finance

December 14, 2016

A BILL TO BE ENTITLED

AN ACT to Repeal the sales tax exemption for certain property used in wastewater dispersal systems.

The General Assembly of North Carolina enacts:

SECTION 1.  G.S. 105‑164.13(68) is repealed.

SECTION 2.  This act becomes effective January 1, 2017, and applies to sales made on or after that date.