Amends GS 105-164.13, concerning exemptions from the retail sales and use tax, providing that piped natural gas received by a gas city for consumption by that city and delivered by a gas city to a sales or transportation customer of the gas city is exempt from the tax imposed by GS Chapter 105, Article 5.
Amends GS 105-164.44L(b), making conforming changes and deleting language that previously dealt with excise tax share of gas cities.
Effective July 1, 2014, applying to sales made on or after that date.
GAS CITY SALES TAX EXEMPTION.
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| View NCGA Bill Details | 2013-2014 Session |
AN ACT TO EXEMPT CERTAIN SALES OF NATURAL GAS RELATING TO GAS CITIES.Intro. by B. Brown, S. Martin, Hastings, T. Moore.
Status: Ref To Com On Finance (House Action) (May 28 2014)
Bill History:
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Tue, 27 May 2014 House: Filed
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Wed, 28 May 2014 House: Passed 1st Reading
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Wed, 28 May 2014 House: Ref To Com On Finance
H 1231
Bill Summaries:
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Bill H 1231 (2013-2014)Summary date: May 27 2014 - View Summary
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