House committee substitute makes the following changes to the 1st edition.
Changes the long title.
Amends GS 105-164.14(b)(2a), providing that volunteer fire departments and volunteer emergency medical services squads that are exempt from income tax under the Code or financially accountable to a city as defined in GS 160A-1, a county, or a group of cities and counties are allowed a refund under this subsection (previously, any organization that was a volunteer fire department or a volunteer emergency medical services squad was allowed a refund).
Provides that this act becomes effective July 1, 2013, applying to sales made on or after that date (previously, 1st edition had more extensive and tiered enacting clause).
Bill H 242 (2013-2014)Summary date: Apr 17 2013 - View summary
Bill H 242 (2013-2014)Summary date: Mar 6 2013 - View summary
Amends GS 105-164.14(b)(2a), by making clarifying and technical changes. Deletes "exempt from income tax under the Code," clarifying that under this subsection, volunteer fire departments and emergency medical services squads are nonprofit entities that are allowed a refund. Effective July 1, 2008, and applies to sales made on or after that date.
Volunteer fire departments that paid tax on tangible personal property and services, other than electricity, telecommunications service, and ancillary service for use in their work as volunteer fire departments, imposed by GS Chapter 105, may apply to the Department of Revenue for a refund of any tax paid as a result of the change in the law enacted by this act. Requests for a refund for the period July 1, 2008, through December 31, 2009, must be made on or before January 1, 2014.
This act does not affect the rights or liabilities of the state, a taxpayer, or another person arising under a statute amended or repealed by this act before the effective date of its amendment or repeal; nor does it affect the right to any refund or credit of a tax that accrued under the amended or repealed statute before the effective date of its amendment or repeal.