BROADEN SALES TAX EXEMPTION FOR FARMERS.

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View NCGA Bill Details2019-2020 Session
House Bill 339 (Public) Filed Tuesday, March 12, 2019
AN ACT TO LOWER THE INCOME REQUIREMENT FOR QUALIFYING FARMERS FOR PURPOSES OF THE SALES TAX EXEMPTION FOR FARMERS.
Intro. by Goodwin, Strickland, Dixon, Riddell.
Status: Ref to the Com on Finance, if favorable, Rules, Calendar, and Operations of the House (House action) (Mar 13 2019)

Bill History:

H 339

Bill Summaries:

  • Bill H 339 (2019-2020)
    Summary date: Mar 12 2019 - View Summary

    Amends GS 105-164.13E to lower the amount of income from farming operations (from $10,000 to $7,500) that is required in order for farmers to qualify for the sales tax exemption. Applies to exemption certificates made on or after July 1, 2020.

    Agriculture, Government, Tax
    GS 105
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