Adds a definition for medicine, which includes vaccines, vitamins, ointments, and other medications with preventive and curative properties in the prevention, treatment, and cure of disease in animals, to GS 105-164.3. Amends GS 105-164.13 to exempt prescription medicine and devices, as defined, from sales and use tax. Applies to sales made on or after July 1, 2012.
EXEMPT CERTAIN DRUGS FOR ANIMALS.
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| View NCGA Bill Details | 2011-2012 Session |
TO EXEMPT FROM SALES TAX THE SALE OF MEDICINE AND DEVICES SOLD ON PRESCRIPTION BY VETERINARIANS FOR THE TREATMENT OF ANIMALS.Intro. by Rabon, Kinnaird.
Status: Re-ref Com On Finance (Senate Action) (Jun 7 2012)
Bill History:
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Wed, 23 May 2012 Senate: Filed
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Thu, 24 May 2012 Senate: Passed 1st Reading
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Thu, 7 Jun 2012 Senate: Withdrawn From Com
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Thu, 7 Jun 2012 Senate: Re-ref Com On Finance
S 894
Bill Summaries:
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Bill S 894 (2011-2012)Summary date: May 23 2012 - View Summary
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