Bill Summary for S 174 (2023-2024)

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Summary date: 

Mar 14 2023

Bill Information:

View NCGA Bill Details2023-2024 Session
Senate Bill 174 (Public) Filed Tuesday, February 28, 2023
AN ACT TO MAKE VARIOUS TECHNICAL, CLARIFYING, AND ADMINISTRATIVE CHANGES TO THE REVENUE LAWS.
Intro. by P. Newton, Perry, Rabon.

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Bill summary

House committee substitute to the 3rd edition makes the following changes. In Part II, amends GS 105-164.13 (pertaining to retail sales and use taxes) to change one of the conditions required for the exemption for sales by a nonprofit civic, charitable, educational, scientific, library, or fraternal organization to when each annual sales period funds a distinct and different program from the other annual sales periods during the year (was, when each annual sales period funds a distinct and different project).